b. work performed by the "insured" or on the "insured's" behalf arising out of such work or any portion thereof, or out of material, parts or equipment furnished in connection therewith;

c. property owned by the "insured";

d. aircraft or watercraft rented to the "insured", used by the "insured", entrusted to, or in the "insured's" care, custody or control;

7. to damages claimed for the withdrawal, inspection, repair, replacement or loss of use of the "insured's" "products" or work completed by the "insured" or of any property of which such "products" or work form a part, if such "product", work or property are withdrawn from the market or from use by anyone because of any known or suspected defect or deficiency therein;

8. to liability of any employee with respect to "Personal Injury" to another employee of the same employer injured in the course of such employment;

9. to "Personal Injury" or "Property Damage" arising out of the ownership, maintenance, operation, use, loading, unloading or entrustment of:

a. any watercraft;

b. any aircraft owned by the "insured" or rented to the "insured" without a crew;

10. to "Personal Injury" or "Advertising Injury":

a. arising out of the oral or written publication of material, if done by the "insured", or at the "insured's" direction with knowledge of its falsity;

b. arising out of the willful violation of a penal statute or ordinance committed by the "insured's" consent;

11. to "Advertising Injury" arising out of:

a. failure of performance of any contract or breach of contract, other than misappropriation of advertising ideas under an implied contract;

b. an offense committed by the "insured" if the "insured's" business is advertising, broadcasting, publishing or telecasting;

LEX-CM-STA-2
(Ed. 4/86)