This policy does not apply to Personal Injury arising out of or as a result of the molesting or interfering with any person by –                  

  1. The Insured,                                      
  2. Any of the Insured’s employees,
  3. Any person acting on the Insured’s behalf.

We shall have no obligation to defend any action, suit or proceeding against the Insured either directly or vicariously seeking damages for such Personal Injury.

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