# NEW YORK—AMENDATORY ENDORSEMENT COMMERCIAL UMBRELLA LIABILITY POLICY

| POLICY NO | EFFECTIVE DATE | AGENCY NO. |
|-----------|----------------|------------|
| 8791601   | 1-18-77        |            |

**Named Insured**

This endorsement is effective concurrently with the effective date of the policy to which it is attached.

It is agreed that the policy is amended as follows:

A. The policy does not apply to:
1. Damage, loss or liability on account of discrimination because of race, creed, color or national origin;
2. Loss, damage or expense caused intentionally by or at the direction of the insured.

B. Paragraphs (5) and (6) of Section V, Persons or Entities Insured, of the policy are deleted and replaced by new paragraphs (5) and (6) as follows:

(5) except with respect to the ownership, maintenance or use, including loading or unloading of automobiles, aircraft or watercraft (i) any executive officer, other employee, director or stockholder of the named insured while acting within the scope of his duties as such; (ii) any person or organization while acting as real estate manager for the named insured;

(6) any person while using, with the permission of the named insured, any automobile, aircraft or watercraft owned by, loaned to or hired for use by or on behalf of the named insured and any other person or organization but only with respect to its or his liability because of acts or omissions of an insured under this provision, provided the actual operation or other actual use is within the scope of such permission; and any executive officer, director or stockholder of the named insured with respect to the use of an automobile, aircraft or watercraft not owned by the named insured but only while such automobile, aircraft or watercraft is being used in the business of the named insured.

The insurance with respect to any person or organization other than the named insured does not apply under paragraph (6):

(i) to any person or organization, or to any agent or employee thereof, operating an automobile sales or public parking place, with respect to any occurrence arising out of the operating thereof;

(ii) with respect to any automobile, aircraft or watercraft hired by or loaned to the named insured, to the owner or a lessee (of whom the named insured is a sub-lessee) thereof other than the named insured, or to any agent or employee of such owner or lessee;

(iii) to any manufacturer of aircraft, aircraft engines or aviation accessories, or any aviation sales or service or repair organization or airport or hangar operator or their respective employees or agents, with respect to any occurrence arising out of the operation thereof;

(iv) to any shipbuilder, boat yard, ship repairer, marina operator, boat storage operator, commercial wharf or mooring operator, boat sales or service agency or their respective employees or agents, with respect to any occurrence arising out of the operation thereof.

Countersigned by duly authorized agent

ZURICH INSURANCE COMPANY

Form 620