Agmt25 Timber and Salt (881 Middlfield Road)

Browse Search

The following Additional Coverage is added: In the event of covered loss we will pay up to $10,000 in any one occurrence as a Limit of Insurance to cover reasonable expenses incurred by you at our specific request to assist us in: a. The investigation of a claim or suit; or b. The determination of the amount of loss, such as taking inventory, or auditing business records. 8. Computer Fraud The following Additional Coverage is added: a. We will pay up to $5,000 in any one occurrence as a Limit of Insurance for physical loss of or physical damage to "money", "securities", and other property having intrinsic value resulting directly from computer fraud. Computer fraud means any act of stealing property following and directly related to the use of any computer to fraudulently cause a transfer of that property from inside your premises or from a banking institution or similar safe depository, to a person (other than a "messenger") outside those premises or to a place outside those premises. This Limit of Insurance is in addition to any other Limit of Insurance that may be provided by this policy for this coverage. b. With respect to the coverage provided by this Additional Coverage, Paragraph A.4. Limitations, Subparagraph a.(4) does not apply. c. With respect to the coverage provided by this Additional Coverage, Paragraph B. Exclusions is amended as follows: (1) Paragraph 2.g. False Pretense does not apply. (2) The following exclusion is added: We will not pay for loss or damages caused by or resulting from the use or purported use of credit, debit, charge, access, convenience, identification, stored -value or other cards or the information contained on such cards. (3) The following exclusion is added: Or damage to "money" and "securities" following and directly related to the use of any computer to fraudulently cause a transfer of that property from inside the described premises, bank or savings institution: (a) To a person (other than a messenger) outside those premises; or (b) To a place outside those premises. 9. Definition of Premises The following Additional Coverage is added: The described premises include the area within 1,000 feet of the site at which the described premises are located. 10. Employee Dishonesty (including ERISA Compliance) The following Additional Coverage is added: a. Under Paragraph G.3., will pay up to $25,000 in any one occurrence as a Limit of Insurance for Employee Dishonesty at each described premises. This includes Employee Benefit Plans. This Limit of Insurance is in addition to any other Limit of Insurance that may be provided by this policy for this coverage. b. ERISA Compliance In compliance with certain provisions of the Employee Retirement Income Security Act (ERISA): (1) "Employee" also includes any natural person who is: (a) A trustee, an officer, employee, administrator, or a manager, except an administrator or a manager who is an independent contractor, of any Employee Welfare or Pension Benefit Plan (hereafter called Plan) insured under this insurance; and (b) Your director or trustee while that person is handling funds or other property of any Plan insured under this insurance. Page 4 of 22 Includes Copyrighted Material of the Insurance Services Office, Inc. 26-0115 10 10 Used with permission ATTY/AGR.2025.234/Pacific Dining CA1, LLC (881 Middlefield Rd) (Page 23 of 47)