HIRED AUTO AND NON-OWNED AUTO LIABILITY ENDORSEMENT

1. Bodily Injury or Property Damage arising out of the use or operation of a Hired Auto by you or your Employees in the course of your business; and
2. Bodily Injury or Property Damage arising out of the use or operation of a Non-Owned Auto by any person other than you in the course of your business.

1. EXCLUSION b of the General Liability Coverage Endorsement is deleted in its entirety and replaced with the following:
   2. Aircraft Or Watercraft
      
      For liability arising out of Bodily Injury or Property Damage arising out of ownership, maintenance, operation, use, loading or unloading of any aircraft or watercraft owned by operated by or rented or loaned to any Assured. This exclusion does not apply to:
      1. A watercraft while ashore on premises you own or rent;
      2. A watercraft you do not own that is:
         1. Less than 26 feet long; and
         2. Not being used to carry persons or property for a charge;
      3. Liability assumed under any Assured Contract for the ownership, maintenance or use of aircraft or watercraft; or
2. Solely in respect of this endorsement Clause II. DEFINITION OF ASSURED is deleted in its entirety and replaced with the following:
   
   Each of the following is an Assured under this insurance to the extent set forth below:
   1. You.
   2. Any other person using a Hired Auto with your permission.
   3. With respect to a Non-Owned Auto, any Employee, partner or Executive Officer of yours, but only while such Non-Owned Auto is being used in your business.
   4. Any other person or organization, but only with respect to their liability because of acts or omissions of an Assured under paragraphs A., B. or C. above.
   None of the following is an Assured:
   1. Any person engaged in the business of his or her employer with respect to Bodily Injury to any co-employee of such person injured in the course of employment;
   2. Any partner or Executive Officer with respect to any Auto owned by such partner or officer or a member of his or her household;
   3. Any person while employed in or otherwise engaged in performing duties related to the conduct of an Auto Business, other than an Auto Business you operate;
   4. The owner or lessee (of whom you are a sublessee) of a Hired Auto or the owner of a Non-Owned Auto or any agent or Employee of any such owner or lessee;
   5. >Any person or organization with respect to the conduct of any current or past partnership or joint venture that is not shown as a Named Assured in the Declarations.
3. DEFINITION h of the General Liability Coverage Endorsement is amended by the addition of the following:
   That part of any contract or agreement entered into, as part of your business, pertaining to the rental or lease, by you or any of your Employees, of any Auto. However, such contract or agreement shall not be considered an Assured Contract to the extent that it obligates you or any of your Employees to pay for Property Damage to any Auto rented or leased by you or any of your Employees.
4. For the purposes of this endorsement, the following terms have the following meanings:
   "Auto Business" means the business or occupation of selling, repairing, servicing, storing or parking Autos.
   
   "Hired Auto" means any Auto you lease, hire, rent or borrow. This does not include any Auto you lease, hire, rent or borrow from any of your Employees, your partners or your Executive Officers, or members of their households.
   
   "Non-Owned Auto" means any Auto you do not own, lease, hire, rent or borrow which is used in connection with your business. This includes Autos owned by your Employees, your partners or your Executive Officers, or members of their households, but only while used in your business.

1. Each Occurrence
   
   The Hired and Non-Owned Auto Each Occurrence Limit of Liability indicated in the Declarations is the most Underwriters' will pay for all Claims first made against the Assured and reported to Underwriters' during the Period Of Insurance for Property Damage or Bodily Injury arising out of any one Occurrence. The Limit of Liability Each Occurrence applies regardless of the number of Assureds covered or Claims made based on the same Occurrence or interrelated Occurrences.
2. Aggregate
   
   The Hired and Non-Owned Auto Aggregate Limit of Liability indicated in the Declarations is the most Underwriters' will pay for all Claims for Property Damage or Bodily Injury first made against the Assureds and reported to Underwriters' during the Period Of Insurance arising out of all Occurrences regardless of the number of Assureds covered or Claims made against the Assureds.
   
   These Limits of Liability stated above are part of, and not in addition to, the General Liability Limits listed under Item 3 of the Declarations.