Laserfiche WebLink
PPB 101 01 22 Contains copyrighted material of Insurance Services Office, Inc. Page 30 of 49 <br />(4) Any natural person who is a former <br />employee, director, partner, member, <br />manager, representative or trustee re- <br />tained as a consultant while performing <br />services for you; or <br />(5) Any natural person who is a guest student <br />or intern pursuing studies or duties, <br />excluding, however, any such person <br />while having care and custody of property <br />outside any building you occupy in <br />conducting your business. <br />But employee does not mean: <br />(1) Any agent, broker, factor, commission <br />merchant, consignee, independent con- <br />tractor or representative of the same <br />general character; or <br />(2) Any "manager", director or trustee except <br />while performing acts coming within the <br />usual duties of an employee. <br />H. Property Definitions <br />1. "Computer" means: <br />a. Programmable electronic equipment that is <br />used to store, retrieve and process data; and <br />b. Associated peripheral equipment that provides <br />communication, including input and output <br />functions such as printing and auxiliary <br />functions such as data transmission. <br />"Computer" does not include those used to operate <br />production type machinery or equipment. <br />2. "Counterfeit money" means an imitation of <br />"money" that is intended to deceive and to be taken <br />as genuine. <br />3. "Electronic data" means information, facts or <br />computer programs stored as or on, created or <br />used on, or transmitted to or from computer <br />software (including systems and applications <br />software), on hard or floppy disks, CD-ROMs, <br />tapes, drives, cells, data processing devices or any <br />other repositories of computer software which are <br />used with electronically controlled equipment. The <br />term computer programs, referred to in the <br />foregoing description of electronic data, means a <br />set of related electronic instructions which direct <br />the operations and functions of a "computer" or <br />device connected to it, which enable the <br />"computer" or device to receive, process, store, <br />retrieve or send data. <br />4. "Fungi" means any type or form of fungus, <br />including mold or mildew, and any mycotoxins, <br />spores, scents or by-products produced or re- <br />leased by fungi. <br />5. "Manager" means a person serving in a directorial <br />capacity for a limited liability company. <br />6. "Member" means an owner of a limited liability <br />company represented by its membership interest, <br />who also may serve as a "manager". <br />7. "Money" means: <br />a. Currency, coins and bank notes in current use <br />and having a face value; and <br />b. Travelers checks, register checks and money <br />orders held for sale to the public. <br />8. "Operations" means your business activities <br />occurring at the described premises. <br />9. "Period of restoration": <br />a. Means the period of time that: <br />(1) Begins: <br />(a) Immediately after the time of direct <br />physical loss or damage for Business <br />Income Coverage unless a waiting <br />period of time is shown in the <br />Declarations; or <br />(b) Immediately after the time of direct <br />physical loss or damage for Extra <br />Expense Coverage; <br />caused by or resulting from any Covered <br />Cause of Loss at the described premises; <br />and <br />(2) Ends on the earlier of: <br />(a) The date when the property at the <br />described premises should be re- <br />paired, rebuilt or replaced with rea- <br />sonable speed and similar quality; or <br />(b) The date when business is resumed at <br />a new permanent location. <br />b. Does not include any increased period <br />required due to the enforcement of any or- <br />dinance or law that: <br />(1) Regulates the construction, use or repair, <br />or requires the tearing down of any <br />property; or <br />(2) Requires any insured or others to test for, <br />monitor, clean up, remove, contain, treat, <br />detoxify or neutralize, or in any way <br />respond to or assess the effects of <br />"pollutants". <br />The expiration date of this policy will not cut <br />short the "period of restoration". <br />Exhibit B <br />Docusign Envelope ID: 7D12103B-E5DC-46A2-B6BA-3BD5268ECDA5