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c) losses consequent upon damage to property designed by you or on your behalf and
subsequently sold or transferred to another party
d) the cost of rectifying defective work carried out by or on behalf of you

12. Property Held in Trust
damage to property belonging to you or in either your, or any Employee’s custody and control or
held in trust by or borrowed, rented, leased or hired for use by you but this exclusion will not apply to:
a) the personal effects including vehicles or their contents of any member, Employee, volunteer
or visitor
b) buildings or their contents temporarily occupied by you for the purpose of carrying out work
therein or thereon
c) premises or their fixtures and fittings hired, rented, leased or lent to you other than such damage
if liability is assumed by you under a tenancy or other agreement and would not have attached in
the absence of such agreement

13. Replacing or Rectifying Products
replacing, reinstating, rectifying, recalling, removing, repairing or guaranteeing the performance of
Products or making a refund on the price of any Product or damage to the Products themselves

14. Riot Damage
liability under statute to pay compensation for riot damage

15. Vessels and Craft
liability arising from the ownership or possession or use by you or on your behalf of craft designed to
travel through air or space, hovercraft or watercraft other than waterborne vessels not exceeding 10
metres in length used on inland waterways.

Section 4 – Special Provisions

1. Discharge of Liability
We may at any time pay any limit of indemnity after deduction of any sum or sums already paid or any
lower amount for which any claim or claims can be settled and then relinquish the conduct and control
and be under no further liability in respect of the claim except for the payment of Costs and Expenses
incurred with our written consent prior to the date of such payment.

2. Limit of Indemnity
The limit of indemnity stated in the schedule is our monetary limit (other than any limit otherwise
stated) and applies to any claim or series of claims arising from any one cause except for claims
caused by:
a) Products

b) Pollution or Contamination
where in respect of each the limit of indemnity stated applies in the aggregate in any one period
of insurance.

4. Limit of Indemnity – Terrorism
The limit of indemnity in respect of any claim against or by you or series of claims against or by you
arising directly or indirectly from a single act of terrorism will be as stated in the schedule.

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