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Poliza651101000131anexo3 210622212140

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40 views10 pages

Poliza651101000131anexo3 210622212140

Uploaded by

miguel moreno
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CIVIL LIABILITY INSURANCE POLICY

CO-OWNERSHIP DIRECTORS AND ADMINISTRATORS


CITY OF EXPEDITION: BRANCH ; POLICY TYPE: POLICY
POLIZA No. No. ANEXO No.

NORCROSS NORCROSS 65-01-101000131 3


FULL COVER
TOMADOR JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE

ASEGURADO JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0


ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE

BENEFICIARY AFFECTED NIT 0-0

INSURANCE VALIDITY VALIDITY ANNEX


FROM UNTIL FROM UNTIL
EXPEDITION DATE (MM / DD / YYYY ) (MM / DD / YYYY ) (MM / DD / YYYY) (MM / DD / YYYY )
10 / 02 / 2024 10 / 02 / 2024 04 / 02 / 2025 10 / 02 / 2024 04 / 02 / 2025

INTERMEDIARIO CLAVE % PARTICIPACION


UNION NACIONAL DE ASESORES DE SEGUR 58803 100.00

INFORMACION DEL RIESGO

RIESGO: 4

ACTIVITY: COMMERCIAL CO-OWNERSHIP DIRECTORS AND ADMINISTRATOR OF DOMESTIC LIMITED LIABILITY COMPANY
___________________________________________________________________________________________________________________________________________

DEDUCIBLES: º 2,500.00 SUMA ASEGURADA % INVAR SUBLIMITE


DOMESTIC LIMITED LIABILITY COMPANY $ 50,000.00

OBJETO DE LA POLIZA: DOMESTIC LIMITED LIABILITY COMPANY $ 50,000.00

TOTAL SUMA ASEGURADA: $ ********50,000.00 PRIMA: $ ************50,000.00

PLAN DE PAGO: CONTADO IVA: $ ************6,150.00


TOTAL A PAGAR: $ ***********56,150.00

TERM FOR PAYMENT OF THE PREMIUM: IN ACCORDANCE WITH THE AGREEMENT TO THE CONTRARY, PROVIDED FOR IN ART. 1066 OF THE COMMERCIAL CODE, THE PARTIES AGREE THAT
THE PAYMENT OF THE PREMIUM WILL BE SECURED.
AUTOMATIC TERMINATION OF THE INSURANCE CONTRACT: THE DELAY IN THE PAYMENT OF THE PREMIUM OF THE POLICY OR OF THE CERTIFICATES OR ANNEXES THAT ARE ISSUED ON
THE BASIS OF IT, WILL PRODUCE THE AUTOMATIC TERMINATION OF THE CONTRACT AND WILL GIVE THE RIGHT TO THE INSURER TO DEMAND PAYMENT OF THE PREMIUM ACCRUED AND
EXPENSES CAUSED ON THE OCCASION OF THE ISSUANCE OF THE CONTRACT.

THE GENERAL CONDITIONS CONTAINED IN THE FORM E.RC.E.024.SG.201207, ATTACHED, ARE PART OF THIS POLICY.

65-01-101000131
________________________________________________________ ________________________________________________________
FIRMA AUTORIZADA TOMADOR

1
CIVIL LIABILITY INSURANCE POLICY
CO-OWNERSHIP DIRECTORS AND ADMINISTRATORS
CIUDAD DE EXPEDICIÓN SUCURSAL TIPO DE MOVIMIENTO POLIZA No. ANEXO No.
NORCROSS NORCROSS ANEXO DE RENOVACION 65-01-101000131 3
TOMADOR EDIFICIO NUEVO ROBLEDO P.H. NIT 811.014.493-0
DIRECCION CL 77 E NRO. 82 A - 99 CIUDAD NORCROSS, GEORGIA TELEFONO 3475509
ASEGURADO EDIFICIO NUEVO ROBLEDO P.H. NIT 811.014.493-0
DIRECCION CL 77 E NRO. 82 A - 99 CIUDAD NORCROSS, GEORGIA TELEFONO 3475509
BENEFICIARIO TERCEROS AFECTADOS NIT 0-0

FECHA DE EXPEDICION VIGENCIA SEGURO VIGENCIA ANEXO


DESDE LAS 24 HORAS HASTA LAS 24 HORAS DESDE LAS 24 HORAS HASTA LAS 24 HORAS
(d-m-a) (d-m-a) (d-m-a) (d-m-a) (d-m-a)
04 / 06 / 2021 01 / 06 / 2021 01 / 06 / 2022 01 / 06 / 2021 01 / 06 / 2022

INTERMEDIARIO CLAVE % PARTICIPACION COASEGURO CEDIDO


COMPAÑIA % PARTICIPACION
UNION NACIONAL DE ASESORES DE SEGUR 58803 100.00
CLIENTE

INFORMACION DEL RIESGO

TOTAL SUMA ASEGURADA: $ ********50,000,000.00 PRIMA: $ ************85,000.00

PLAN DE PAGO: CONTADO IVA: $ ************16,150.00


TOTAL A PAGAR: $ ***********101,150.00

TÉRMINO PARA EL PAGO DE LA PRIMA: CONFORME AL PACTO EN CONTRARIO, QUE PREVEE EL ART. 1066 DEL CÓDIGO DE COMERCIO, LAS PARTES ACUERDAN QUE EL PAGO DE LA PRIMA
SERÁ A SEGURESTADO,DENTRO DE LOS DIAS CALENDARIOS SIGUIENTES A LA FECHA DE INICIACIÓN DE LA VIGENCIA INDICADA EN LA CARÁTULA DE LA PRESENTE PÓLIZA.

TERMINACIÓN AUTOMÁTICA DEL CONTRATO DE SEGURO: LA MORA EN EL PAGO DE LA PRIMA DE LA PÓLIZA O DE LOS CERTIFICADOS O ANEXOS QUE SE EXPIDAN CON FUNDAMENTO EN
ELLA, PRODUCIRÁ LA TERMINACIÓN AUTOMÁTICA DEL CONTRATO Y DARÁ DERECHO AL ASEGURADOR PARA EXIGIR EL PAGO DE LA PRIMA DEVENGADA Y DE LOS GASTOS CAUSADOS
CON OCASIÓN DE LA EXPEDICIÓN DEL CONTRATO.

CALLE 53 NO 45-45 OFICINA 1006, TELÉFONO 3695060 - MEDELLIN


HACEN PARTE DE LA PRESENTE PÓLIZA, LAS CONDICIONES GENERALES CONTENIDAS EN LA FORMA E.RC.E.024.SG.201207, ADJUNTA.
USTED PUEDE CONSULTAR ESTA PÓLIZA EN WWW.SEGUROSDELESTADO.COM

REFERENCIA
PAGO:

COPIA PARA PAGO EN BANCOS NO NEGOCIABLE


CIVIL LIABILITY INSURANCE POLICY
CO-OWNERSHIP DIRECTORS AND ADMINISTRATORS

SUCURSAL CITY OF EXPEDITION: POLICY TYPE: POLICY


POLIZA No. No. ANEXO No.

NORCROSS, FULL COVER 65-01-101000131 3


TOMADOR JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
ASEGURADO JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
BENEFICIARY AFFECTED NIT 0-0

EXPLANATORY TEXT OF THE POLICY

LIMIT OF LIABILITY IN THE ANNUAL AGGREGATE 50.000.000


COVERAGE FOR THE INSURED PERSON 50.000.00
PROPERTY COVERAGE DEDUCTIBLE 2.500.00
SUBLIMIT LEGAL REPRESENTATION EXPENSES EVENTO 10.000.00 VIGENCIA 20.000.00
SUBLIMIT CLAIM AGAINST SPOUSES 7.000.00
SUBLIMIT LIABILITY FOR INCORRECT LABOR PRACTICES 7.000.00
SUBLIMIT ADVERTISING EXPENSES 5.000.00
SUBLIMIT DEFENSE EXPENSES FOR POLLUTION 14.000.00
SUBLIMIT FINANCIAL DAMAGE DUE TO POLLUTION 18.000.00
SUBLIMIT COVERAGE TO CO-OWNERSHIP 25.000.00
MINIMUM ANNUAL GROSS PREMIUM WITHOUT VAT 300.00

C I V I L L I A B I L I T Y I N S U R A N C E D I R E C T O R S A N D A D M I N I S T R A T O R S

SEGUROS DEL STATE S.A., HEREIN REFERRED TO AS SECURESTADO, IN ACCORDANCE WITH THE INSURANCE APPLICATION AND OTHER DOCUMENTS ANNEXED TO THE
SAME, SUBMITTED BY THE POLICYHOLDER, COVERS THE CIVIL LIABILITY ARISING BY THE ADMINISTRATION OF THE INSURED COMPANY, THE INSURED PERSON,
WITH SUBJECT TO THE PROTECTIONS, TERMS, EXCLUSIONS, DEFINITIONS AND CONDITIONS CONTAINED IN THIS POLICY.

1.AMPAROS.

INSURED, COVERS THE FOLLOWING LOSSES FOR WHICH THE INSURED IS LEGALLY OBLIGED TO PAY, REGARDING CLAIMS AND FORMAL INVESTIGATIONS FILED
AGAINST HIM, DURING THE VALIDITY PERIOD AND DURING THE ADDITIONAL COVERAGE PERIOD, IF THIS IS CONTRACTED:

PROTECTION 1. THOSE DERIVED FROM THE CIVIL LIABILITY OF THE INSURED PERSON, WHICH HAVE NOT BEEN ASSUMED BY THE INSURED COMPANY.

AMPARO 2. THOSE DERIVED FROM THE CIVIL LIABILITY OF THE INSURED COMPANY ASSUMED BY IT.

AMPARO 3. DEFENSE EXPENSES DERIVED FROM A FORMAL INVESTIGATION.

AMPARO 4. ARISING FROM CLAIMS AGAINST SPOUSES OF INSURED PERSONS, ON THE OCCASION OF COVERED ACTS.

AMPARO 5. THOSE ARISING FROM LABOR CLAIMS FOR COVERED ACTS.

AMPARO 6. CORPORATE IMAGE COSTS, EXPENSES AND FEES INCURRED BY AN INSURED PERSON, FOR THE DESIGN AND CONDUCT OF AN INFORMATION CAMPAIGN, IN
THE EVENT OF A CLAIM FOR A COVERED ACT, WHICH IS MADE PUBLIC BY RADIO, PRESS OR TELEVISION UNTIL THE 10% OF THE INSURED VALUE.

AMPARO 7. DEFENSE EXPENSES RELATED TO CLAIMS FILED BY THIRD PARTIES, IN CASE OF POLLUTION, UP TO 10% OF THE INSURED VALUE.

AMPARO 8. THOSE DERIVED FROM FINANCIAL DAMAGES, UNDERSTOOD AS THE IMMEDIATE DETERIORATION IN LIQUIDITY, ECONOMIC SOLVENCY OR CASH FLOW,
CAUSED BY CONTAMINATION, AS LONG AS THE AFFECTED PERSON HAS NOT SUFFERED MATERIAL DAMAGE OR BODY INJURY ORIGINATED BY SUCH CONTAMINATION, AND
UP TO 10% OF THE INSURED VALUE.

PROTECTION 9. THE EMANAS OF THE CIVIL LIABILITY OF ANY INSURED PERSON, WHO, AT THE REQUEST OF THE INSURED COMPANY, EXERCISES A MANAGERIAL
POSITION IN ANY NON-PROFIT ENTITY.

PROTECTION 10. THE CIVIL LIABILITY PROCEEDINGS OF ANY INSURED PERSON WHO, AT THE REQUEST OF THE INSURED COMPANY, EXERCISES A MANAGERIAL
POSITION IN ANY RELATED COMPANY, WHICH IS EXPRESSLY LISTED IN THE PARTICULAR CONDITIONS OF THIS POLICY, IF THIS PROTECTION IS CONTRACTED.

2.EXCLUSIONS:

2
CIVIL LIABILITY INSURANCE POLICY
CO-OWNERSHIP DIRECTORS AND ADMINISTRATORS

CITY OF EXPEDITION: POLICY TYPE: POLICY


POLIZA No.No. ANEXO No.

NORCROSS FULL COVER 65-01-101000131 3


TOMADOR JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
ASEGURADO JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
BENEFICIARY AFFECTED NIT 0-0

EXPLANATORY TEXT OF THE POLICY

SEGURESADO WILL NOT ASSUME ANY LOSS THAT IS RELATED TO OR IS A DIRECT OR INDIRECT CONSEQUENCE OF:

2.1 BAD FAITH OR DEFENSE: ANY ACT, OMISSION OR INTENTIONAL NON-COMPLIANCE, WITH ANY LEGAL RULE IN FORCE, IN WHICH BAD FAITH OR DEFENSE OF ANY
INSURED PERSON HAS INTERVENED (EXCEPT FOR DEFENSE EXPENSES, REPRESENTATION AND/OR CORPORATE IMAGE EXPENSES).

2.2 IMPROPER REMUNERATION OF ADMINISTRATORS: THE OBTAINING, BY ANY INSURED PERSON, OF PERSONAL BENEFIT, REMUNERATION, REMUNERATION,
INDEMNIFICATION OR ANY OTHER ADVANTAGE TO WHICH SUCH INSURED PERSON IS NOT ENTITLED (EXCEPT FOR DEFENSE EXPENSES, REPRESENTATION AND/OR
EXPENSES OF CORPORATE IMAGE).

2.3 EXTRA-PATRIMONIAL DAMAGES. ANY INTANGIBLE DAMAGE, INCLUDING MORAL DAMAGE, DAMAGE TO RELATIONSHIP LIFE OR EMOTIONAL DISORDERS

2.4 BODY INJURIES. DAMAGE TO THE BODY OR HEALTH OF PEOPLE OR THEIR DEATH.

2.5 DAMAGE TO PROPERTY. DESTRUCTION, LOSS OR WASTE OF MOVABLE, REAL ESTATE OR LIFESTYLE PROPERTY.

2.6 ACQUISITION OF OWN SHARES. THE ACQUISITION, TENURE OR OWNERSHIP BY THE INSURED COMPANY OF ITS OWN SHARES OR OF ITS CONTROLLING OR PARENT
COMPANY, IN CONTRAVENATION OF A LEGAL OR REGULATORY PROVISION.

2.7 PREVIOUS CIRCUMSTANCES: ANY FACT, CIRCUMSTANCE OR SITUATION KNOWN OR WHICH SHOULD BE KNOWN BY THE INSURED AT THE DATE OF INITIATION OF
THE VALIDITY OF THE POLICY.

2.8 PREVIOUS OR PENDING CLAIMS: ANY JUDICIAL OR EXTRAJUDICIAL CLAIM, OR OTHER PENDING PROCEEDING, ORDER, RESOLUTION OR JUDGMENT ENTERED
AGAINST ANY INSURED PERSON, THE INSURED COMPANY OR ANY RELATED COMPANY AS OF THE INITIAL EFFECTIVE DATE OR ANY CLAIM AFTER SUCH DATE, AS A
DIRECT OR INDIRECT CONSEQUENCE OF FACTS RELATED TO SUCH ACTIONS.

2.9 PROFESSIONAL LIABILITY: THE PROVISION OF A SERVICE OF A PROFESSIONAL NATURE BY THE INSURED OR THE LACK OF PROVISION THEREOF, DIRECTLY OR
INDIRECTLY RELATED TO THEIR CORPORATE PURPOSE, INDEPENDENT OF THEIR ADMINISTRATION FUNCTIONS.

2.10 SANCTIONS AND FINES: SANCTIONS AND/OR FINES OR FOR OTHER ECONOMIC OBLIGATIONS THAT DO NOT CONSTITUTE COMPENSATION.

2.11 INSURED AGAINST INSURED: CLAIMS AGAINST EACH OTHER, ANY INSURED PERSON, SUBORDINATED COMPANY OR ANY RELATED COMPANY, EXCEPT THE
FOLLOWING EVENTS:

2.11.1 CLAIMS SUBMITTED BY SHAREHOLDERS UNDER THE LIABILITY OF THE INSURED COMPANY.

2.11.2 CLAIMS MADE BY AN INSURED PERSON, ORIGINATING IN ANOTHER CLAIM COVERED BY THIS POLICY.

2.11.3 LABOR CLAIMS OF ANY INSURED PERSON.


2.14 EXCLUSIONS APPLICABLE TO PROTECTIONS 9 AND 10 THE COVERAGE DESCRIBED IN PROTECTION 9 AND 10 OF THE FOLLOWING POLICY WILL NOT EXTEND TO
THE FOLLOWING

2.14.1 TO ANOTHER DIRECTOR, EXECUTIVE, ADMINISTRATOR, COUNCIL POSITION OF THE RELATED COMPANY, OTHER THAN THE NATURAL PERSON, WHO, AT THE
EXPRESS REQUEST OF THE INSURED COMPANY, HAS REPRESENTATION ON THE BOARD OF DIRECTORS, BOARDS OF DIRECTORS OR ANY OTHER MANAGEMENT BODY OF THE
RELATED COMPANY.

2.14.2 TO DAMAGES THAT DO NOT EXCEED THE COVERAGE OF ANY OTHER INSURANCE THAT THE INSURED PERSON MUST HAVE FOR THE FACT OF EXERCISING A
MANAGERIAL POSITION IN THE RELATED COMPANY, INCLUDING ANY INDEMNIFICATION OR INSURANCE

2.14.3 AVAILABLE OR FACILITATED BY THE RELATED COMPANY SAME.

3
CIVIL LIABILITY INSURANCE POLICY
CO-OWNERSHIP DIRECTORS AND ADMINISTRATORS

SUCURSAL CITY OF EXPEDITION: POLICY TYPE: POLICY


POLIZA No. No. ANEXO No.

NORCROSS FULL COVER 65-01-101000131 3


TOMADOR JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
ASEGURADO JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
BENEFICIARY AFFECTED NIT 0-0

EXPLANATORY TEXT OF THE POLICY

2.14.4 TO ACTS PRIOR TO THE DATE ON WHICH IT BECAME A RELATED COMPANY.

2.14.5 TO ACTS AFTER THE DATE ON WHICH THE INSURED PERSON CEASED TO BE AN EMPLOYEE OF THE INSURED COMPANY, OR CEASED TO HOLD A MANAGERIAL
POSITION IN THE RELATED COMPANY.

2.14.6 TO LOSSES RELATED TO ANY CLAIM FORMULATED BY THE RELATED COMPANY OR BY ANYONE WHO HOLDS A DIRECTOR, EXECUTIVE, ADMINISTRATOR, OR
DIRECTOR POSITION IN SUCH COMPANY.

3.EXTENSION OF COVERAGE FOR ACQUISITION OR CREATION OF SUBORDINATED COMPANIES.

3.1 In the event that the INSURED COMPANY, during the period of validity of this policy, acquires shares, interest or social participation,
constitutes or acquires another company through merger or division processes, and as a result of this the merged company or absorbed is
transformed into a SUBORDINATED COMPANY, the latter will be automatically included in the protections of this policy.

The provisions of this condition do not apply in cases where the SUBORDINATED COMPANY is domiciled in the UNITED STATES OF AMERICA, or has
issued titles or securities in any market of said country.

3.2 In the event of non-application of the extension of coverage to other companies by subordination, as indicated above, the SUBORDINATED
COMPANY may be covered by this policy, as long as the following requirements are met:

3.2.1 THE POLICYHOLDER notifies SEGURESTADO in writing of the acquisition that gives rise to subordination, within thirty (30) calendar days
following the date on which the respective acquisition is completed.

3.2.2 THE POLICYHOLDER provides the information requested by SECURESTADO, for the respective risk assessment.

3.2.3 SECURED expressly accepts the inclusion of the SUBORDINATED COMPANY.

3.2.4 THE POLICYHOLDER pays the additional premium determined by the INSURED

3.3 In the event that a company that has been given coverage due to its subordination to the INSURED COMPANY ceases to have such status, it
will remain under coverage of this policy until the date of termination, revocation or non-renewal thereof, but only in relation to the
COVERED ACTS prior to the date on which such company ceased to be subordinated.

4.COVERAGE RESTRICTION DUE TO ACQUISITION OF THE INSURED COMPANY -CHANGE OF CONTROL-.

The protections provided for in this policy will continue until the expiration of the validity period, only in relation to COVERED ACTS prior
to the date of a merger, division, acquisition, change of control, liquidation, takeover, administrative intervention or any other measure.
similar regardless of its legal name, with respect to the INSURED COMPANY, when such events give rise to one or more of the following effects:

4.1 The direct or indirect possession of the majority of the voting rights in the INSURED COMPANY.

4.2 The loss of the right to appoint members of the Board of Directors, Board of Directors or other Administrative Bodies.

4.3 The separation of the majority of the members that make up the Board of Directors, Council of Administration or other Plural
Administrative Bodies.

4.4 Effective control of the majority of voting rights, based on a written agreement with other shareholders.

In the cases provided herein, THE POLICYHOLDER must notify SEGURESTADO in writing of the occurrence of the merger, division, acquisition,
change of control, liquidation, takeover, administrative intervention or the appointment of officials designated by the competent authority,
within thirty (30) calendar days following the date on which it occurs, providing the information that SEGURESTADO requests.

5.ADDITIONAL PERIOD OF COVERAGE.

If THE POLICYHOLDER or INSURED PARTY decide to terminate, revoke or not renew this policy, the POLICYHOLDER and/or the INSURED PEOPLE may
contract an additional period of coverage in accordance with the terms established in the SPECIAL CONDITIONS of this policy, as long as THE
POLICYHOLDER and/or the INSURED PERSONS do not replace or substitute this policy. Said additional period of coverage will only be applicable
to the COVERED ACTS prior to the date of termination, revocation or non-renewal of the policy.

To exercise the right that this condition grants, THE POLICYHOLDER and/or the INSURED PERSONS must communicate in writing to SEGURESTADO
their intention to contract the additional period of coverage and pay the additional premium to be determined.

Any claim submitted during the additional period of coverage will be considered as if it had been submitted during the immediately preceding
policy period.

4
Oficina Principal: Cra. 11 No. 90 - 20 Bogotá D.C. Teléfono 2186977
CIVIL LIABILITY INSURANCE POLICY
CO-OWNERSHIP DIRECTORS AND ADMINISTRATORS

SUCURSAL CITY OF EXPEDITION: POLICY TYPE: POLICY


POLIZA No. No. ANEXO No.

NORCROSS FULL COVER 65-01-101000131 3


TOMADOR JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
ASEGURADO JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
BENEFICIARY AFFECTED NIT 0-0

EXPLANATORY TEXT OF THE POLICY

6. TERRITORIAL SCOPE.

The coverage of this policy is applicable to claims filed in the territories established in the particular conditions for each of the
protections.

7. TEMPORAL SCOPE.

The coverage of this policy is applicable to claims filed for the first time against THE INSURED COMPANY or against any INSURED PERSON during
the period of validity of the policy or during the ADDITIONAL COVERAGE PERIOD, if the latter is contracted.

8. DISTRIBUTION OF COVERAGE.

8.1 Default Distribution in claims for SECURITIES TRANSACTIONS.

If the Claim for SECURITIES TRANSACTIONS presented includes LOSS covered and LOSS not covered by this policy, because it is directed against
the INSURED COMPANY or against THE UNINSURED SUBORDINATED OR RELATED COMPANIES, SECURESTADO will distribute the coverage as follows:

8.1.1 100% of the part of the LOSS that constitutes DEFENSE EXPENSES will be assigned to the covered part of the claim for SECURITIES
OPERATIONS, and SECURESTADO will advance them accordingly.

8.1.2 100% of the part of the LOSS that does not constitute DEFENSE EXPENSES will be assigned to the covered part of the SECURITIES
TRANSACTIONS claim.

8.2 Partially predetermined distribution in claims for SECURITIES TRANSACTIONS.

If the SECURITIES TRANSACTIONS claim submitted includes LOSS covered and LOSS not covered by this policy either because the SECURITIES
TRANSACTIONS claim is presented against INSURED PERSONS and against other persons who are not covered and/or because it includes covered and
non-covered allegations , INSURED and the INSURED PEOPLE will distribute the coverage as follows:

8.2.1 100% of the part of the LOSS that constitutes DEFENSE EXPENSES will be assigned to the covered part of the claim for SECURITIES
OPERATIONS, and SECURESTADO will advance them accordingly.

8.2.2 The part of the LOSS that does not constitute DEFENSE EXPENSES will be allocated between the covered part and the non-covered part of
the claim for SECURITIES OPERATIONS, in accordance with the legal responsibility of the people from whom it is claimed.

8.3 Non-predetermined distribution in other claims.

If the claim presented is not for SECURITIES TRANSACTIONS and includes LOSS covered and LOSS not covered by this policy, SEGURESTADO and the
INSURED PEOPLE will distribute the coverage in accordance with the legal responsibility of the people who are claimed in relation to the
allegations made and /or based on the LOSS covered and the LOSS not covered by this policy.

If the INSURED PEOPLE and the INSURED PARTY reach an agreement regarding the covered LOSS and the non-covered LOSS, the INSURED PARTY will
advance the DEFENSE EXPENSES corresponding to the covered LOSS.

If the INSURED PEOPLE and the INSURED do not reach an agreement regarding the covered LOSS and the non-covered LOSS, the INSURED will advance
the DEFENSE EXPENSES that it considers covered until the distribution of coverage between the covered LOSS and the non-covered LOSS is
defined accordingly. mutual agreement or by final judicial decision. Once this distribution is determined, it will be applied retroactively
to all DEFENSE EXPENSES in relation to said claim, without prejudice to any prior advance made in a different manner.

There will be no presumption of any form of distribution of coverage until it is determined by mutual agreement or judicially.

9. NOTICE OF CLAIM.

THE POLICYHOLDER, THE INSURED COMPANY and/or the INSURED PERSONS will communicate any claim to SEGURESTADO as soon as possible, without
exceeding the period of thirty (30) calendar days following the date on which it was known or received. Within seven (7) calendar days
following the date on which the claim was communicated to SEGURESTADO, THE POLICYHOLDER, THE INSURED COMPANY and/or the INSURED PERSONS, will
provide SEGURESTADO with all the documentation they have related to such claim, or if If there is no documentation, they will indicate this
situation in writing.

Likewise, if during the period of validity or the additional period of coverage if it is contracted, THE POLICYHOLDER, THE INSURED COMPANY
and/or the INSURED PERSONS have knowledge or notice of facts or circumstances that could reasonably give rise to a claim and communicate such
facts or circumstances in writing to SEGURESTADO during the period of validity of the policy or the additional period of coverage if it is
contracted, any claim resulting from such facts or circumstances will be considered as if it had been presented during the period of validity
or additional period of coverage. coverage if it is contracted in which said events were communicated to SEGURESADO.

5
CIVIL LIABILITY INSURANCE POLICY
CO-OWNERSHIP DIRECTORS AND ADMINISTRATORS

SUCURSAL CITY OF EXPEDITION: POLICY TYPE: POLICY


POLIZA No. No. ANEXO No.

NORCROSS FULL COVER 65-01-101000131 3


TOMADOR JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
ASEGURADO JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
BENEFICIARY AFFECTED NIT 0-0

EXPLANATORY TEXT OF THE POLICY

THE POLICYHOLDER, THE INSURED COMPANY and/or the INSURED PERSONS must provide SEGURESTADO with all the information and cooperation that is
necessary, including:

9.1 The description of the claim, facts or circumstances.

9.2 The nature of the COVERED ACT originating from the claim.

9.3 The nature of the alleged or potential damage.

9.4 The names of actual or potential claimants, and

9.5 The way in which THE POLICYHOLDER, THE INSURED COMPANY and/or the INSURED PERSONS, acquired knowledge of the claim or the facts or
circumstances originating thereof, for the first time.

10.RENOVATION.

To request renewal of the policy, THE INSURED COMPANY will provide SEGURESTADO, no later than thirty (30) calendar days before the expiration
date of the policy period, the renewal request form and the information financial and any other nature requested by SEGURESADO.

Based on the study of this information, SEGURESTADO will establish the terms and conditions for the new period of validity.

11. DEFENSE AND AGREEMENT.

It is the duty of the INSURED PEOPLE and not of the INSURED to assume the defense and address the claims received and/or the FORMAL
INVESTIGATIONS that are presented against them.

SECURESTADO, within the terms and conditions of the policy, and as an integral part of the maximum limits established for protections 6, 7
and 8, undertakes to advance DEFENSE EXPENSES, LEGAL REPRESENTATION EXPENSES and CORPORATE IMAGE EXPENSES, as they occur, as long as they are
incurred and notified to SEGURESTADO, in accordance with the instructions stipulated by it in the communications subsequent to notification
of the claim.

If exclusions 2.1 BAD FAITH OR DEFENSE or 2.2 INAPPROPRIATE REMUNERATION OF ADMINISTRATORS are applicable, the INSURED PERSON will be obliged
to return to SEGURESTADO the DEFENSE EXPENSES, LEGAL REPRESENTATION EXPENSES and/or CORPORATE IMAGE EXPENSES that have been advanced, in
accordance with what is provided here regarding the distribution of coverage CONDITION 8.

THE POLICYHOLDER, THE INSURED COMPANY and/or the INSURED PERSONS, agree not to compromise, conciliate or reach judicial or extrajudicial
agreements, nor incur DEFENSE EXPENSES, LEGAL REPRESENTATION EXPENSES or CORPORATE IMAGE EXPENSES, nor assume any contractual obligations or
recognize any liability regarding any claim, without the prior express consent of SEGURESTADO, which will not be unjustifiably denied.
SEGURESADO will not assume responsibility for any conciliation, agreement, expense, obligation or recognition of responsibility to which it
has not expressly consented.

SEGURESTADO will have the power to voluntarily participate with the INSURED PERSONS in the investigation and defense, including the
negotiation of an eventual settlement, conciliation or any other similar agreement, in relation to any claim that is possibly covered in
whole or in part by this policy.

THE POLICYHOLDER, THE INSURED COMPANY and/or the INSURED PERSONS must provide INSURED PEOPLE with all the information, assistance and
cooperation requested and in the event of any claim and/or FORMAL INVESTIGATION, the INSURED PERSONS will not engage in conduct that may harm
the position of the INSURED PERSON. SECURED in your rights of subrogation.

12.MODIFICATION AND ASSIGNMENT.


No change, modification or transfer of rights or obligations under this policy will be valid except when accepted by annex to it, issued by
SEGURESTADO.

13.OTHER INSURANCE.
When any LOSS is also covered, in whole or in part, by another valid policy, issued by another Insurer, this policy will only be affected
when the LOSS exceeds the compensation limit of the other insurance, fully exhausted by the respective compensation and only in regarding
said excess.

The foregoing, unless other insurance is granted as insurance in excess of the compensation limit established by this policy, cases in which
the LOSS will be covered in accordance with the terms and conditions provided herein.
14.VALUATION AND FOREIGN CURRENCY.

Any LOSS expressed in a currency other than that established in the SPECIAL CONDITIONS of this policy, will be converted and paid in the
currency agreed upon in said conditions, in accordance with the exchange rate certified , corresponding to the day on which that the LOSS is
duly caused. In the case of judicial or arbitration decisions, the date of finality of the respective ruling or arbitration award will be
taken.
15.SURROGATION.

6
CIVIL LIABILITY INSURANCE POLICY
CO-OWNERSHIP DIRECTORS AND ADMINISTRATORS

SUCURSAL CITY OF EXPEDITION: POLICY TYPE: POLICY


POLIZA No. No. ANEXO No.

NORCROSS FULL COVER 65-01-101000131 3


TOMADOR JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
ASEGURADO JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
BENEFICIARY AFFECTED NIT 0-0

EXPLANATORY TEXT OF THE POLICY

THE INSURED COMPANY or the INSURED PERSONS may not at any time renounce their rights against third parties responsible for the LOSS and if
they do so they will lose the right to compensation.

At the request of SEGURESTADO, INSURED PERSONS must facilitate the exercise of the right of subrogation.

16. INSURANCE APPLICATION, QUESTIONNAIRE AND DIVISIBILITY.

The acceptance of risk, the terms and conditions of this policy are based on the information and statements contained in the insurance
application and complementary questionnaires completed by THE POLICYHOLDER, therefore the statements contained therein are an integral part
of it.

The statements made by THE POLICYHOLDER will be considered independent for each INSURED PERSON, in this sense no statement

o knowledge of any of the INSURED PERSONS will be attributed to another INSURED PERSON.

17. INVESTIGATION AND AGREEMENT.

SEGURESADO is empowered to carry out any investigation it deems necessary, in relation to any claim it deems appropriate.

Likewise, SEGURESTADO may, with the consent of the INSURED PERSON, compromise against any claim if it is deemed appropriate. If the INSURED
PERSON abstains from consenting to the transaction, in the event of LOSS derived from said claim, SEGURESTADO will only respond up to the

value proposed by written to the INSURED for transaction purposes, plus costs and expenses accrued to the date on which the proposal was made.

18.SUMES INSURED

The INSURED SUMS indicated in the SPECIAL CONDITIONS of this policy correspond to the limit of liability of SEGURESTADO, as follows:

Regarding protections 1, 2, 3, 4, 5, 6, 7, 8, 9 and 10, jointly or individually considered, they correspond to the limit of each period of
protection. validity and for any LOSS, regardless of the number of INSURED PERSONS, involved in one or more claims.

18.2 The INSURED SUMS specifically for protections 6, 7 and 8 will be applicable for each LOSS and for each period of validity of the policy,
in addition to the general insured sum.

18.3 If a sublimit is stipulated, it will be understood that it is an integral part of the SUM INSURED and not additional to it.

18.4 Any LOSS derived from the same COVERED ACT and from all the COVERED ACTS related to each other, will be considered as a single LOSS,
which will be understood to have originated during the first period of validity in which the claim was presented for the first time, alleging
such ACT. COVERED or COVERED ACTS related to each other.

The INSURED SUMMS will be reduced as payments are made for DEFENSE EXPENSES, LEGAL REPRESENTATION EXPENSES or any other type of LOSS.
For the purposes of the indemnity limit, payments made under the ADDITIONAL PERIOD OF COVERAGE will affect the INSURED SUMS of the
immediately preceding policy period.

19.DEDUCTIBLE.

GUESTED will only be obliged to pay each LOSS in excess of the amount of the deductible agreed in the SPECIAL CONDITIONS.

If THE POLICYHOLDER and/or any entity included in the PARTICULAR CONDITIONS, and/or any RELATED COMPANY, does not assume (for a reason other
than its INSOLVENCY) the LOSS on behalf of any INSURED PERSON, and may assume it, SECURESTADO will pay said loss on behalf of THE INSURED
PERSON, an event in which THE POLICYHOLDER, THE INSURED COMPANY and/or any RELATED COMPANY will reimburse INSURED for the respective
deductible.

20. AUTHORIZATION TO THE POLICYHOLDER.

THE POLICYHOLDER will act on behalf of all INSURED PERSONS, regarding the sending and receiving of claim notifications, revocation of the
policy, payment of premiums, receipt of refund of premiums; with the exception of what is provided here regarding the sending and receipt of
claim notices and communications related to the ADDITIONAL PERIOD OF COVERAGE.
21. DEFINITIONS.

The definitions that are an integral part of this binding policy have the following meaning and scope, whether they appear in singular or
plural:

7
CIVIL LIABILITY INSURANCE POLICY
CO-OWNERSHIP DIRECTORS AND ADMINISTRATORS

SUCURSAL CITY OF EXPEDITION: POLICY TYPE: POLICY


POLIZA No. No. ANEXO No.

NORCROSS FULL COVER 65-01-101000131 3


TOMADOR JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
ASEGURADO JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
BENEFICIARY AFFECTED NIT 0-0

EXPLANATORY TEXT OF THE POLICY

COVERED ACT: Any incorrect act, breach of an obligation, violation of legal or statutory provisions, breach of duties or omission on the part
of an INSURED PERSON, resulting from his or her fault, executed in the course of carrying out the duties of his position as director,
administrator. or in general directive and that results in a claim or a FORMAL INVESTIGATION against an INSURED PERSON or the INSURED COMPANY.

COVERED ACTS RELATED TO EACH OTHER: All covered acts originating from and/or resulting, directly or indirectly, from the same cause.

INSURED PERSON: Natural person who holds the position of Director, Counselor, Administrator, General Director, Manager, Legal Representative

o Or any other equivalent, member of the Board of Directors, Council of Administration and other bodies of the Administration of the INSURED
COMPANY and those who exercise or hold these functions or hold powers that imply decision-making or governance powers thereof.

Tambien quedan incluidas en la definicion de PERSONA ASEGURADA las siguientes:

a)a) The heirs, executors, successors in title or whoever represents the estate of the deceased INSURED PERSONS, or representatives of THE
INSURED PERSONS declared incapable or insolvent, but only in relation to the claim that is a consequence of a COVERED ACT of that INSURED
PERSON.
b)b) Any past, present or potential employee of the INSURED COMPANY but only in relation to EMPLOYMENT CLAIMS.
c)c) Those natural persons who, at the request of the INSURED COMPANY, hold a management position in any RELATED COMPANY and during the
exercise of such management position, in accordance with these general conditions.

POLLUTION: The escape, leak, filtration, real, supposed or potential spill of polluting agents in personal property, real estate, livestock,
water or the atmosphere, as well as any real, supposed or potential aggression or damage to the environment even if polluting agents are not
involved.

UNITED STATES OF AMERICA or USA: Includes not only said country but its territories, possessions or any other territory under its
jurisdiction.

RETROACTIVITY DATE: It is the date indicated in the SPECIAL CONDITIONS, from which the events that occurred that the insured did not know or
should have known at the start date of the insurance period and that give rise to a CLAIM will be understood to be covered. o FORMAL
INVESTIGATION during the validity period o ADDITIONAL PERIOD OF COVERAGE if the latter is contracted.

DEFENSE EXPENSES: The part of the LOSS that constitutes legal costs, costs, expenses and fees paid to third parties on the occasion of the
defense, investigation or evaluation of a claim, the expenses of appeals, the establishment of bonds required by the authorities to guarantee
the responsibility of THE INSURED COMPANY or the INSURED PERSONS, as well as the expenses necessary to constitute the bonds required to
guarantee their provisional freedom.

LEGAL REPRESENTATION COSTS: The part of the LOSS that constitutes costs, expenses and fees incurred by an INSURED PERSON in his or her name
or in that of the INSURED COMPANY, paid to third parties and incurred with the appearance at a FORMAL INVESTIGATION.

INSOLVENCY: The situation resulting from the declaration of suspension of payments, the appointment by the competent authority of any
auditor, commissioner, promoter, liquidator, trustee, special agent or any other person who supervises, directs, liquidates or takes control
of a company. society, regardless of the legal name.

FORMAL INVESTIGATION: Any formal administrative procedure, action or procedure notified for the first time during the period of validity, by
an administrative or fiscal control authority or any other competent government agency, which is legally empowered to investigate, or
exercise supervision, surveillance or control. with respect to the INSURED COMPANY or the INSURED PERSONS.

SECURITIES TRANSACTIONS: The purchase, sale, transfer, or any other operation that involves the transfer of securities issued by THE INSURED
COMPANY and/or any other company included in the particular conditions of this policy as a SUBORDINATED COMPANY or RELATED COMPANY.

LOSS: Any amount that the insured are legally and personally obliged to pay individually or jointly by virtue of any claim or any FORMAL
INVESTIGATION, derived from COVERED ACTS.

The concept of LOSS includes DEFENSE EXPENSES, LEGAL REPRESENTATION EXPENSES, CORPORATE IMAGE EXPENSES and damages caused to third parties
due to the COVERED ACTS. And the sums incurred by the INSURED COMPANY in the investigation or evaluation of any claim on its behalf are
excluded, as well as fines or sanctions of any type or legally uninsurable concepts.

CLAIM: This is understood as any request for compensation for damages made by a third party to the INSURED COMPANY or to one or some of the
INSURED PERSONS, judicially or extrajudicially, as well as criminal proceedings, all based on an ACT or ACTS. PROTECTED.

Any complaint or request directed to initiate against the INSURED COMPANY or one or some of the INSURED PERSONS, a FORMAL INVESTIGATION,
based on a COVERED ACT or ACTS, also constitutes a claim.

8
CIVIL LIABILITY INSURANCE POLICY
CO-OWNERSHIP DIRECTORS AND ADMINISTRATORS

SUCURSAL CITY OF EXPEDITION: POLICY TYPE: POLICY


POLIZA No. No. ANEXO No.

NORCROSS FULL COVER 65-01-101000131 3


TOMADOR JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
ASEGURADO JJ PLUMBING ENTERPRISES LLC NIT 811.014.493-0
ADDRESS 1026 RIVA RIDGE DR CITY NORCROSS, GEORGIA PHONE 3475509
BENEFICIARY AFFECTED NIT 0-0

EXPLANATORY TEXT OF THE POLICY

LABOR CLAIMS: Any claim made by any present, past or potential employee, or who is considered as such, of the INSURED COMPANY who claims any
sum of money as a consequence of an employment contract or provision of services, violation of regulations. employment related to
discrimination or for any defamation, mistreatment of word or deed or serious lack of consideration.

SUBORDINATED COMPANY: A company will be considered subordinate or controlled when its decision-making power is subject to the will of the
INSURED COMPANY, which is its parent or controlling company, either directly, in which case it will be called a subsidiary or with the
bankruptcy or by through another subordinate company of the INSURED COMPANY, in which case it will be called a subsidiary.

RELATED COMPANY: This will be understood as any non-profit entity or organization, or one that, without being a SUBORDINATED COMPANY, is
expressly named in the SPECIAL CONDITIONS; and that on whose Boards of Directors, Councils of Administration or other governing bodies, the
INSURED COMPANY has some representation.

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