Document 1yjzjZ6jwnVDgbpd5Rw5GoNGo
,'y`& 'TL.
/v e. c
'N9o ?-.i4
/
k e c 4 42 87 4 4
C^VIIKK1^ Sal**
f,v~' -`tyvc y
c/fe ; :T : IvAl |'7j S^nju&&nces
STOCK COMPANY
Jin. '%_.. _i. .* 1 i. .ill_A
-m.+ _
ezstiy
ii.u >
(
-ITEM 1. Inturad't Nsme and Mailing Address
^ S.C.M. Corporation, etal
(See Endorsement #1) 299 Park Ave. | j^New York, IT.Y
f ~eeetlon!slo.^i tr.)
kilmjla.
Enirai
Oty
1r,,}
Yiart
n
j
METROPOLITAN OFFICE, NEW YORK
T.'i 2\?.w?:r.:)o
j
r-w.v :so-.v Yr ik. tJ.-v; Y-.ik 1 GOYO t
FROM: January 1, 1973
t o = January 1, 1976
12 * 01 AM Standard Time at the address of the Named insured as stated herein
ITEM 2. LIMITS OF LIABILITY (As Per Insuring Agreement No. 2)
LIMIT IN ALL IN RESPECT OF EACH OCCURRENCE
!
* 10,000,000.00
LIMIT IN THE AGGREGATE FOR EACH ANNUAL PERIOD WHERE APPLICABLE
* 10,000,000.00
f ITEM 3. THE PREMIUM IS BASED UPON
PREMIUMS
MINIMUM PREMIUM
Flat Charge
$ 90,000.00
ADVANCED PREMIUM
EFFECTIVE DATE
DURING THE POLICY PERIOD
PREMIUM IF PAID IN INSTALLMENTS
1st a n n iv e r s a r y
2nd ANNIVERSARY
TOTAL. PREMIUM
$ $
90,000.00
In Witness Whereof, the said THE HOME INSURANCE COMPANY, NEW YORK has caused these Presents lo be signed by its President and attested by its Secretary, in the City of New York, and this policy is made and accepted upon the above express conditions, but shall not be valid unless countersigned by a duly Authorized Representative of the Company at place
of issue.
GLD051309
0049-GLD-000051309
TH HOME
COMPANY
Nev York, New York
MANUSCRIPT EXCESS LIABILITY POLICY
(A stock insurance company herein edited the company)
H202GB
Agrees with the insured, named in the declarations made a part hereof, in consideration of ihe payment of the premium and in reliance upon the statements in the declarations and subject to the insuring agreements, limits of liability, definitions, exclusions, conditions, and other terms of this policy:
INSURING AGREEMENTS
. COVERAGE
The Company hereby agrees, subject to the limitations, terms and conditions hereinafter mentioned, to indemnify the Insured for all sums which the insured shall be obligated to pay by reason of the (lability
(a) imposed upon the Insured by law,
or (b) assumed under contract or agreement by the Named In sured and/or any officer, director, stockholder, partner or employee of the Named Insured, while acting in his capacity as such,
for damages, direct or consequential and expenses, air as more fully defined by the term "ultimate net loss" on account of;--
(i) Personal Injuries, including death at any time resulting therefrom,
(ii) Property Damage,
(ill) Advertising Liability,
caused by or arising out of each occurrence happening anywhere in the world.
If. UMIT OF LIABILITY
The Company shall only be liable- for the ultimate net loss the excess of either
(a) ihe limits of the underlying insurances as set out in the attached schedule in respect of each occurrence covered by said underlying insurances,
qr lb) 525,000 ultimate net loss in respect ol each occurrence not covered by underlying insurances,
(hereinafter called the "underlying limits"):
and then only up to a further sum as stated in Item 2 of the Declarations in all'in respect of each occurrence--subject to a limit as staled in Item 2 of the Declarations in the aggregate for each annual period 'during the currency of this policy, separately in respect of Products Liability and In respect ol Personal Injury (fatal or non-fatal) by Occupational Disease sus tained by any employees of the Insured.
In (he event of reduction or exhaustion of the aggregate limits of liability under said underlying insurance by reason of losses paid thereunder, this policy shall
U) In the event o( reduction pay the excess of the reduced underlying limit
(2) in the event of exhaustion continue in force as under lying insurance.
The inclusion or addition hereunder of more than one Insured shall not operate to increase the Company's limit of liability.
' '
TF XT
THIS POLICY IS SUBJECT TO THE FOLLOWING DEFINITIONS:
I. INSURED
Named Insured: As stated in Item I of the Declarations forming a part hereof and/or subsidiary, associated, affiliated companies or owned and controlled companies as now. or .hereafter con stituted and of which prompt notice has been given to Ihe Company (Hereinafter called the "Named Insured").
The unqualified word "Insured", wherever used ir> this policy, includes not only the Named insured but also:--
(a) any officer, director, stockholder, partner or employee of the Named Insured, while acting in his capacity as such, and any organization or proprietor with respect to real estate management (or the Named Insured;
(b) any person, organization, trustee or estate to whom the Named insured is obligated by virtue of a written con tract or agreement to provide insurance such as Is afforded by this policy, but only in respect of operations by or on behalf of the Named Insured or of facilities of the Named Insured or used by them;
(c) any additional insured (not being the Named Insured under this policy) included in the Underlying Insurances, subject to the provisions in Condition B; but not for broader cov erage than is available 10 such additional Insured under any underlying insurances as set out in attached Schedule;
(d) with respect to any automobile owned by the Named In sured or hired for use in behalf of the Named Insured, or to any aircraft owned by or hired for use in behalf of the Named Insured, any person while using such automobile or aircraft and any person or organization legally responsi ble for the use thereof, provided the actual use of the automobile or aircraft is with the permission of Ihe Named Insured. The Insurance extended by this sub-division Id), with respect to any person or organization other than the
Named Insured, shall not apply-- t. to any person or organization, or to any agent or em ployee thereof, operating an automobile repair shop, public . garage, sales agency, service station, or public parking place, with respect to any occurrence arising out of the
operation thereof;
2. to any manufacturer of aircraft, engines, or aviation accessories, or any aviation sales or service Or repair or ganization or airport or hangar operator or their respective employees Or agents with respect to any occurrence arising out of the operaiion thereof;
3. with respect to any hired automobile or aircraft, to the owner thereof or any employee of such owner. This sub-division Id) shall not apply if ii restricts the insurance granted under subdivision (c) above.
2. PERSONAL INJURIES The term "Personal Injuries" wherever used herein means
bodily injury, mental injury, mental anguish, shock, sickness, disease, disability, false arrest, false imprisonment, wrongful eviction, detention, malicious prosecution, discrimination (except where it is a violation of a statute or regulation prohibiting such! humiliation; also libel, slander or defamation of character or in vasion of rights of privacy, except that which arises out of any Advertising activities.
3. PROPERTY DAMAGE
The term "Property Damage" wherever used herein shall mean loss of or direct damage to or destruction of tangible property (other than property owned by the Named Insured).
4. ADVERTISING LIABILITY
The term "Advertising Liability" wherever used herein shall mean:--
(1) Libel, slander or defamation;
(2) Any infringement of copyright or of title or of slogan; (3) Piracy or unfair competition or idea misappropriation under
an implied contract;
(4) Any invasion of right of privacy;
committed or alleged to hsvo been committed in any advertise ment, publicity article, broadcast or telecast and arising out of the Named Insured's Advertising activities.
5. OCCURRENCE
The term "occurrence" wherever used herein shall mean an accident or a happening or event or a continuous or repeated ex posure to conditions which unexpectedly and unintentionally re sults in personal injury, property damage or advertising liability during the policy period. All such exposure to substantially the same general conditions existing at or emanating from one premises location shall be deemed one occurrence.
6. ULTIMATE NET LOSS
The term "Ultimate Net Loss" shall mean the total sum which the Insured, or any company as his insurer, or both, become obligated to pay by reason, of personal injury, property damage or advertising liability claims, either through adjudication or compromise, and shall also include hospital, medical and funeral charges and all sums paid, as salaries, wages, compensation, fees. charges and law costs, premiums cm attachment or apoeal bonds, interest, expenses for doctors, lawyers, nurses and investigators and other persons, and for litigation, settlement, adjustment and investigation of claims and surfs which are paid as a consequence of any occurrence covered hereunder, excluding only the salaries of the Insured's or of any underlying insurer's permanent em
ployees.
GLD051310
0049-GLD-000051310
The Company shall not be liable for expenses as aforesaid when such expenses are included in other valid end collectible insurance.
7. AUTOMOBILE
The term "automobile", wherever used herein, shall mean a "" i motor vehicle, trailer or semi-trailer.
. AIRCRAFT
The term "aircraft", wherever used herein, shall mean any heavier than air or lighter than air aircraft designed to transport persons or property.
9. PRODUCTS LIABILITY
The term "Products Liability" means
(a) Liability arising out of goods or products manufactured, sold, handled or distributed by the Named Insured or by others trading under his name if the occurrence occurs after possession of. such goods or products has been re linquished to others by the Named Insured or by others trading under his name and if Such occurrence occurs away from premises owned, rented or controlled by the Named Insured; provided such goods or products shall
lie deemed to include any container thereof, other than a vehicle, but shall not include any vending machine or any property, other than such container, rented to or located for use of others but not sold;
(b) Liability arising out of operations, if the occurrence oc curs alter such operations have been completed or aban doned and occurs away from premises owned, rented or eont tolled by the Named Insured; provided operations shall not be deemed incomplete because improperly or defectively performed or because further operations may be required pursuant to an agreement; provided further the following shall not be deemed to be "operations" within the meaning of this paragraph; ii) pick-up or de livery, except from or onto a railroad car. (ii) the main tenance of vehicles, owned or used by or in behalf of the Insured, (iii) the existence of tools, uninstalled equipment and abandoned or unused- materials.
10. ANNUAL PERIOD
The term "each Annual Period" shall mean each consecutive period of one year commencing from the inception date of this Policy.
THIS POLICY IS SUBJECT TO THE FOLLOWING EXCLUSIONS:
This policy shall not apply:--
(a) to any obligation for which the Insured or any company as its insurer may be held liable under any Workmen's Compensation, unemployment compensation or disability benefits law provided, however, that this exclusion does not apply to liability of others assumed by the Named Insured under contract or agreement;
(b) to claims made against the Insured: (i) for repairing or replacing any defective product or products manufactured, sold or supplied by the In sured or any defective part or parts thereof nor for the cost of such repair or replacement; (ii) for the loss of use of any such defective product or products or part or parts thereof;
(Hi) for improper or inadequate performance, design or specification; but nothing herein contained shall be construed to exclude claims made against the Insured for personal injuries or property damage (other than damage to the product of the Injured) resulting from improper or inadequate performance, design or speci fication;
fc) with respect to advertising activities, to claims made against the Insured for: (0 failure or performance of contract, but this shall not relate to claims for unauthorized appropriation of ideas based upon alleged breach of an implied contract; (ii) infringement of registered trade mark, service mark or trade name by use thereof as the registered trade mark, service mark or trade name of goods or services sold, offered for sale or advertised, but this shall nor relate to titles or slogans;
(iiij incorrect description of any article or commodity;
(iv) mistake in advertised price;
fd) except in respect of occurrences raking place in the United States of America, its territories or possessions, or Canada, to any liability of the Insured directly or indirectly occasioned by, happening through or in consequence of
war. Invasion, acts of foreign enemies, hostilities, (whether war be declared or not), civil war, rebellion, revolution,
insurrection, military or usurped power or confiscation or nationalization or requisition or destruction of or damage to property by or under the order of any government or public or local authority, .
Except insofar as coverage is available to the Insured in the underlying insurances as set out in the attached Schedule, this policy shall not apply:--
(e) to liability of any Insured hereunder for assault and battery committed by or at the direction of such insured except liability for Personal ln|ury or Death resulting from any act alleged to be assault and battery committed for the purpose of preventing or eliminating danger in the opera tion Df aircraft, or for the purpose of preventing persona! injury or property damage: it being understood and agreed . that this exclusion shall not apply to the liability of the Named Insured for personal injury to their employees, unless such liability is already excluded under Exclusion (a) above;
<f) with respect to any aircraft owned by the Insured except liability of the Named Insured for aircraft not owned by them; it being understood and agreed that this exclusion shall not appiy to the liability of the Named Insured for personal injury to their employees, unless such liability is already excluded under Exclusion (a) above;
(g) with respect to any watercraft owned by the Insured, while away from premises owned, rented or controlled by the Insured, except liability of the Named Insured (or water craft not owned by them; it being understood and agreed that this exclusion shall not apply to the liability of Ihe Named Insured for personal injury to their employees, unless such liability is already excluded under Exclusion fa) above;
thl to any employee with respect to injury to or the death of another employee of the same Employer injured in the course of such employment.
THIS POLICY IS SUBJECT TO THE FOLLOWING CONDITIONS:--
A. PREMIUM
The premium for this policy shall be computed on the basis set forth under Item No. 3 of the policy declarations.
Upon expiration of this policy or its termination during the policy period, the earned premium shall be computed as thus defined. If the earned premium thus computed is more than the advance premium paid, the named insured shall immediately pay the excess to the company; it less, the company shall return the difference to the named insured; but the company shall receive and retain the annual minimum premium for each twelve (12) months of the policy period.
the Insured prior to the inception date hereof the limit of liability hereon as stated in item 2 of the Declarations shall be reduced by any amounts due to the Insured on account of such loss under such prior insurance.
Subiect to the foregoing paragraph and to ail the other terms and conditions of this policy in the event that personal in jury or property damage arising out of an occurrence covered hereunder is continuing at the time of termination of tins policy The Company will continue to protect the Insured for liability In respect of such personal injury or property damage without payment of additional premium
B. In the event of additional Insureds being added to the cov erage under the Underlying Insurance during currency hereof prompt notice shall be given to The Company and if an additional premium has been charged for such addition on .he Underlying Insurances, The Company shall be eniitled to charge an appropriate additional premium hereon.
C. PRIOR INSURANCE AND NON CUMULATION OF LIABILITY
It is agreed that if any loss covered hereunder is also covered in whole or in part under any other excess policy issued to
D. SPECIAL CONDITIONS APPLICABLE TO OCCUPATIONAL DISEASE
As regards personal injury (fatal or non-fatalt by occupa tional disease sustained by an employee of the Insured, this policy is subject to the same warranties, terms and conditions (except as regards the premium, the amount and limits of liability and the renewal agreement, it any) as are contained In or as may be added to the underlying insurances prior to the happening of an occurrence lor which claims is made hereunder.
GLD051311
0049-GLD-000051311
INSPECTION AND AUDIT
The Company shall be permitted al ill reasonable times dol ing the polity period to inspect fhc premises, plants, ma-. thinery and equipment used in connection with 'the In sured's business, trade or work, and to examine the Insured's
K. BANKRUPTCY AND INSOLVENCY
In the event of the bankruptcy or insolvency of the Insured or any entity comprising the Insured, The Company shall not bo relieved (hereby of the-payment of any claims hereunder because of such bankruptcy or insolvency.
books and records at any time during the currency hereof L. OTHER INSURANCE
and within one year alter final settlement of all claims so
If other valid and collectible insurance with any other in
far as the books and records relate to any payments made on account ol occurrences happening during the term ol
surer is available to the Insured covering a loss also covered by this policy, other than insurance that is in excess ol the
this policy.
insurance afforded by this policy, the insurance afforded by
CROSS LIABILITY In the event of claims being made by reason of personal in.
juries suffered by any employee or employees of one Insured hereunder lor which another Insured hereunder is. or may
this policy shall be in excess of and shall nor contribute with such other insurance. Nothing herein shall be construed to make this policy subject to the terms, conditions and 'limita
tions of other insurance.
be liable, then this policy shall cover such Insured against M SUBROGATION
whom a claim is made or may be made in the same manner as II separate policies had been issued to each Insured here
Inasmuch as this policy is "Excess Coverage", the Insured's right of recovery against any person or olher entity eannet be
under.
exclusively subrooated to the Company. It is. therefore,
In the event of claims being made by reason of damage to
understood and agreed that in case of any payment here
property belonging to any Insured hereunder for which an
under, the Company will act in concert with all other in
other Insured is, or may be liable then this policy shall cover
terests (including the Insured) concerned, in the exercise of
such Insured against whom a claim is made or may be made
Such rights of recovery, The apportioning of any amounts
in rhe same manner as if separate policies had been issued
which may be so recovered shall follow the principle that
to each Insured hereunder.
any interests (including the Insured) that shall have pa>d an
Nothing contained herein shall operate to increase Company's
amount over and above any payment hereunder, shall first
limit of liability as set forth in Insuring Agreement II. G. NOTICE OF OCCURRENCE
be reimbursed up lo the amount paid by them; the Company is then to be reimbursed Out of any balance then remaining up to the amount paid hereunder; lastly, the interests (in
Whenever the Insured has information from which the In
cluding the Insured) of whom this coverage is in excess are
sured may reasonably conclude that an occurrence covered
entitled to claim the residue, if any. Expenses necessary te
hereunder involves injuries or damages which, in the event
the recovery of any such amounts shall be apportioned be
that the Insured should be held liable, is likely lo involve
tween the interests (including the Insured) concerned, tr
this policy, notice shall be sent lo the Company as soon as
ibe ratio of Ihcir respective recoveries as finally settled.
practicable, provided, however, that failure to give notice of any occurrence which at the time of its happening did not N. CHANGES
appear to Involve this policy but which, at a later date,
Notice to or knowledge possessed by any person shall no
would appear to give rise to claims hereunder, shall not
effect a waiver or change in any part of this policy or esto:
prejudice such claim.
H ASSISTANCE AND CO-OPERATION
The Company shall not be called upon to assume charge of Ihe settlement or defense of any claim made or suit brought
The Company from asserting any right under the terms o this policy; nor- shall the terms of this policy be waived o changed,- except by endorsement Issued to form a part here
of, signed by The Company.
or proceeding instituted against the Insured but The Company O. ASSIGNMENT
shall have the right and shall be given the opportunity to
Assignment of interest under this policy shall not bind Th<
associate with the Insured or the insured's underlying in
Company unless and until their consent is endorsed hereon
surers, or both, in the defense and control of any claim, suit or proceeding relative to an occurrence where the claim P. CANCELLATION
or suit involves or appears" reasonably likely lo involve The
This policy may be cancelled by the named insured by mail
Company, in which event the insured and The Company
ing to the company written notice stating when thereafre
shall co-operate in all things in Ihe defense of such claim,
the cancellation shall be effective. This policy may be can
suit or proceeding. APPEALS
celled by Ihe company by mailing to Ihe named insured a the address shown in this policy writtan notice stating wher
not less than 30 days thereafter such cancellation shall b-
In the event the Insured or the Insured's underlying insurers elect not to appeal a judgment in excess of the underlying
effective. The mailing of notice as aforesaid shall b sufficient proof ol notice. The effective date and hour e
limits. The Company may elect to make such appeal at their cost and expense, and shall be liable for the .taxable costs and disbursements and interest incidental thereto, but in no event shall the liability of The Company for ultimate net loss exceed the amount set forth in Insuring Agreement, II lor any one occurrence and in addition the cost and ex- '
pense of such appeal.
cancellation stated in the notice shall become the end c the policy period. Delivery of such written notice either by the named insured or by the company shall be equivalent tc
mailing.
If the named insured.cancels, earned premium shall be com puted in accordance with the customary short rate table and procedure. If the company cancels, earned premium
}. LOSS PAYABLE Liability under this policy with respect to any occurrence shall not attach unless and until the Insured, or the Insured's underlying insurer, shall have paid the amount of the under
shall be computed pro rata. Premium adjustment may be made either at the time cancellation is effected or as seen as practicable after cancellation becomes effective, but pay
ment or tender of unearned premium is not a condition c
lying limits on account of such occurrence. The Insured
cancellation.
shall make a definite claim for any loss for which the Com . Q. pany may be liable under Ihe policy within twelve (12)
months after the Insured shall have paid an amount of ultimate net loss in excess ol the amount borne .by the In sured or alter the Insured's liability shall have been fixed and rendered certain -either by final judgment against the Insured after actual trial or by written agreement of the Insured, the claimant, and The Company. II arty subsequent payments shall be made by the Insured on account ol the same occurrence, additional claims shall be made similarly from time to time. Such losses shall be due and payable within thirty (30) days after they are respectively claimed
and proven in conformity with this policy.
MAINTENANCE OF UNDERLYING INSURANCE
It is a condition of this policy that the policy or policfe referred to in the' attached "Schedule of Underlying Insu. anCes" shall be maintained in lull effect during the-eurrenc of this policy except for any reduction of the aggregate hm or limits contained therein solely by payment of claims i respect of accidents and/or occurrences occurring during if period of this policy. Failure of the Insured to comply wit the foregoing shall not invalidate this policy but m tf event of such failure, the Company shall only be liable the same extent as they would have been had the Insure
complied with the said condition.
V.V $ r. 2? C^
Authorized Representative
H 202SIS F TEXT
GLD051312
0049-G LD-000051312
NON-PREMIUM ENDORSEMENT
Endorsement No. 1
Issued by S3 THE HOME INSURANCE COMPANY
Q THE HOME INDEMNITY COMPANY
POttCY NUMftCft
MAMEO INSURED
HEC 4428744
CrfCCTtVt OAVC AN0 TIMS Of INDORSEMENT
S.C.M. Corporation, etal
OATC PREPARED
1/1/73
PNOOUCCR
Marsh & McLennan
12/27/72
jPRODUCER NO.--OPC
1 50167-081
It is ogreed that this policy is hereby amended as. indicated. All other terms and conditions of this
policy remain unchanged.
NAMED INSURED S.C.M Corporation* All. Subsidiaries and Subsidiaries of the Subsidiaries, S.C.M. Foundation, any other Company of which it assumes active management; any employee sponsored associations or clubs of the Named Insured, and Sylvachem Corporation, A Joint Venture.
SIGNATURE Or AUTHORfZeO RSPfiCSENTATIVE
naawoiPMi 9/i
GLD051313
0049-GLD-000051313
NON-PREMIUM ENDORSEMENT
Endorsement No. 3
Issued by [3 THE HOME INSURANCE COMPANY
THE HOME INDEMNITY COMPANY
POWICY NUMhCP
NAMCO IN5(J"C0
HEC 4428744
crrccTvc o a t g a n d y imC or c n d o r s c mc n t
S.C.M. Corporation, etal
DATE PREPARED
1/1/73
PAOOVCCR
12/27
pRoovr.cn n o . -o p c
Harsh & McLennan
50167-081
It Is agreed that this policy is hereby amended as indicated. All other terms end conditions of this policy remain unchanged.
In consideration of the premium charged it is agreed that in no event will this policy be more restrictive than the Underlying Insurance<, It is further agreed that the,word "prompt" is deleted from the fifth line of the Definition 1. and from the third line of Condition B. of the policy.
// //
4Sl
SIGNATURE or AUTHORIZED REPRESENTATIVE
w 22300(rni e/ea
GLD051314
0049-GLD-000051314
NON-PREMIUM ENDORSEMENT
Endorsement No. 5
Issued 6jr ED THE HOME INSURANCE COMPANY
O THE HOME INDEMNITY COMPANY
POLICY NUMtCfl
NAMES tMSU*e,0
HEC 4428744
crrtCTivc DATs a n d t ime o f c k o o n s e mc n t
1/1/73
PAOouee*
Marsh & McLennan
S.C .M.
Corporation, etal
DATE PNCPAflCO
12/27/72
PRODUCER fcO.-OPC
50167-081
It is agreed that this policy is hereby amended as indicated. Ail other terms and conditions of this policy remoin unchanged.
EXCLUSION OF CONTAMINATION OR POLLUTION
In consideration of the premium charged, it is understood and agreed that such insurance as is afforded by this policy does not apply to Personal Injury or Property Damage arising out of the discharge, dispersal, release or escape of smoke, vapors, soot, fumes, acids, alkalis, toxic chemicals, liquids or gases, waste materials or other irritants, contaminants or pollutants into or upon land, the atmosphere or any watercourse or body of water; but this exclusion does not apply if such discharge, dispersal, release or escape is sudden and accidental.
It is further understood and agreed that in no event shall coverage provided by this policy for Contamination and Pollution be broader than that provided by the Underlying Insurances set forth in the Schedule of Underlying Insurances.
SIGNATURE OP AUTHORIZED RfiPRCSENTATIVE M22500IFH> 0/00
0049-GLD-000051315
issued to
Endt. # 6
A&G 661a
NUCLEAR ENERGY LIABILITY EXCLUSION ENDORSEMENT
(BROAD FORM)
GU 8679a
(Ed. 10-59)
This endorsement, effective 1/1/73 02:0) A. M., standard time)
S.C.M. Corporation., etal
, forms a part of policy No. HEC 44-28744
The Home Insurance Company
It is agreed that the policy does not apply:
I. Under any Liability Coverage, to injury, sickness, disease, death or destruction
(a) with respect to which an insured under the policy is also an insured under a nuclear energy liability policy issued by Nuclear Energy Liability Insurance Association, Mutual Atomic Energy Liability Underwriters or Nuclear Insurance Association of Canada, or would be an insured under any such policy but for its termination upon exhaustion of its
limit of liability; or
(b) resulting from the hazardous properties of nuclear material and with respect to which (I).any person or organization is required to maintain financial protection 'pursuant to the Atomic Energy Act of 1954, or any law amendatory thereof, or (2) the insured is, or had this policy not been issued would be, entitled to indemnity from the United States of America, or any agency thereof, .under apy.agreement entered into by the United Stales of America, or any agency thereof, with any person or organization'." '
II. Under any Medical Payments Coverage, or under any Supplementary Payments provision relating to immediate medical or
surgical relief, to expenses incurred with respect to bodily injury, sickness, disease or death resulting from the hazardous properties of nuclear material and arising out of the operation of a nuelear facility by any person or organization.
III. Under any Liability Coverage, to injury, sickness, disease, death or destruction resulting- from tiie hazardous properties
of nuclear material, if
(a) the nuclear material (1) is at any nuclear facility owned .by, or operated by or on behalf of, an insured or (2) nas been
discharged or dispersed therefrom;
.
(b) the nuclear material is contained in spent fuel or waste at any time possessed, handled, used, processed, stored, trans ported or disposed of by or on behalf of an insured; or
(C) the injury, sickness, disease, death or destruction arises our of the furnishing by an insured of services, materials, parts or equipment in connection with the planning, construction, maintenance, operation or use of any nuclear facility, but if such facility is located within the United States of America, its territories or possessions or Canada, this exclusion (c) applies only to injury to or destruction of property at such nuclear facility,.
IV. As used in this endorsement:
"hazardous properties" include radioactive, toxic or explosive properties;
"nuclear material" means source material, special nuclear material or byproduct material;
"teurce material", "special nuclear material", and "byproduct material" have the meanings given them in the Atomic Energy Act of 1954 or in any law amendatory thereof;
"spent fuel" means any fuel element or fuel component, solid or liquid, which has been used or exposed to radiation in a nuclear reactor; "waste" means any waste material (1) containing byproduct material and (2) resulting from the operation by any person or organization of any nuclear facility Included within the definition of nuclear facility under paragraph la) or (b) thereof;
"nuclear facility" means
(a) any nuclear reactor,
(b) any equipment or device designed or used for <1) separating the isotopes of uranium or plutonium. (2) processing or utilizing spent fuel, or (3) handling, processing or packaging waste,
(c) any equipment or device used for the processing, fabricating or alloying of special nuclear material if at any time the total amount of such material in the custody of the insured at the premises where such equipment or device is lo cated consists of or contains more than 25 grams of plutonium or uranium 233 or any combination thereof, or more than 250 grams of uranium 235,
td) any structure, basin, excavation, premises or place prepared or used for the storage or disposal of waste,
and includes the site on which any of the foregoing is located, all operations conducted on such site and alt premises used for such operations;
"nuclear reactor" means any apparatus designed or used to sustain nuclear fission in a self-supporting chain reaction or to contain a critical mass of fissionable material;
With respect to injury to or destruction of property, the word "Injury" or "destruction" includes all forms of radioactive contamination of property.
y.^faittfiefl *.,, ,.*v
` /? '
C
Authorised Representative
k
i
i
^^
_ GLD051316
0049-G LD-000051316
NON-PREMIUM ENDORSEMENT
Endorsement No. 7
Issued by -- [3 THE HOME INSURANCE COMPANY
THE HOME INDEMNITY COMPANY
POtICY NUM SCR
HAMCQ ittSunCB
HEC 4428744
erpec t iy c c a t c a n d t ime or c md o r s c mc n t
S,C .M. Corporation, etal
t>ATC PRCPAHED
1/1/73
peoouetR
_
12/27/72
PRODUCER NO. -OPC
Marsh & McLennan
50167-081
It is agreed fhot this policy is hereby amended as indicated. All other terms and conditions of this
policy remain unchanged.
In consideration of the premium charged, it is agreed that the attached excess Fidelity Bond Form (H23662D) is added to the policy.
SIGNATURE. OP AUTHORIZGO RCPHSSCNTATIVE H 22 300 t PHI /a
o
GLD051317
0049-GLD-000051317
EXCESS FIDELITY
BOND
1. Whereas the Insured have effected primary coverage with Aetna Life & Casualty Co. & Kemper Ins. Cawhich affords insurance under the follow
ing coverage(s) up to the amount stated:
Primary Underlying Coverage
Amount
Fidelity
First $1,000,000.00 - Aetna L & C Co.
Next $1,000,000.00 - Kemper Ins. Co.
Now, therefore, the Company agrees to extend this policy to
apply as excess above the Primary Bond(s) and to indemnify
the Insured against all such loss as the Insured may, during
the period of this Bond, sustain or discover that they have
sustained through any hazard insured under the above coverage
in the Primary Bond(s).
PROVIDED ALWAYS THAT this Bond is for an amount not exceeding in the aggregate for all such loss the sum of $ 2,000,000.00 and is subject to all the terms and conditions as the said Primary Bond(s), insofar as such terms and conditions do not conflict with the terms and conditions of this Bond.
2. Warranted free of all claim for losses not discovered within
the period of the policy of which this Bond forms a part and for losses sustained prior to the 7th day of Dec. 1971 Eastern Standard Time (hereinafter called "the Retroactive date") but with the understanding that in the event of cancellation,
termination or expiration of this Bond as an entirety or as to any employee, the Insured shall have the same period of time as provided in the Discovery Clause in the Primary Bond(s) follow ing such cancellation, termination or expiration, in which to discover losses which may have occurred between the date named in this warranty and.the date of such cancellation, termination or expiration, provided always that such Discovery period shall not exceed three years from the date of cancellation, termina' tion or expiration of this Bond as an entirety or as to any coverage or as to any employee, whichever shall first happen.
Notwithstanding anything to the contrary contained herein, it
is agreed that in the event of the Bond being immediately
succeeded by a similar Bond with the Insurers on which the
Retroactive date is the 7th day of Dec.
1971 Eastern Standard
Time the said succeeding Bond shall be deemed to be a renewal
hereof and in consequence the discovery period provided herein
shall not be operative.
3. It is a condition of this Bond that the Primary Bond(s) of which this Bond pays the EXCESS shall be maintained in full force and effect throughout the period of this Bond.
H 23662 D
GLD051318
0049-GLD-000051318
4. Upon the discovery of any loss hereunder this Bond shall be treated as reinstated so as at all times to continue in force for the sum set forth herein notwithstanding any previous loss for which the Company may have paid or be liable to pay here under provided however, that' in no event shall the Company be liable hereunder for an amount greater than $2,000,000.00 on account of (a) any one loss or series of losses caused by the fraudulent or dishonest acts of any employee or in which such employee is concerned or implicated, or (b) any one casualty or event.
5. In case any reimbursement be obtained or recovery made by the Insured or by the Company on account of any loss covered under this Bond, the net amount of such reimbursement or recovery, after deducting the actual" cost of obtaining or making the same, shall be applied to reimburse the Insured in full for that part, if any, of such loss in excess of this Bond, and the balance, if any, or the entire net reimbursement or recovery if there be no such excess loss, shall be applied to that part of such loss covered by this Bond or, if payment shall have been made by the Company to their reimbursement therefor. The Insured shall execute all necessary papers and render all assistance riot pecuniary to secure unto the Company the rights provided for in this paragraph. The following shall not be reimbursement or recovery within the meaning of this paragraph;' suretyship, insurance or reinsurance; also security or indemnity taken from any source by or for the benefit of the Company.
6. This Bond shall be deemed cancelled as to any Employee
(a) immediately upon discovery by the Insured, or if the Insured by a corporation by any Officer thereof not in collusion with such Employee, of any fraudulent or dis honest act on the part of such Employee; or
(b) upon the effective date of the termination or cancellation of said Primary Bonds as to such Employee or as to the position filled by such Employee; or
(c) at 12:01 a.m. Eastern Standard Time as aforesaid upon the effective date specified in a written notice served upon the Insured or sent by a registered mail. Such date if the notice be served shall not be less than thirty days after such service or, if sent by registered mail, not less than thirty days after the date borne, by the Sender's registry receipt.
7. This Bond shall be deemed cancelled as an entirety on the effective date of the termination or cancellation of the Primary Bonds or in accordance with the provisions of Condition 1 of the Policy of which this Bond forms part.
H 23662 D
GLD051319
0049-GLD-000051319
8. NOTWITHSTANDING anything to the contrary contained herein, it
is hereby declared and agreed that this Bond, subject to its
other terms, limitations and conditions, shall extend to cover
any valid claim under the Bond(s) carried by the Insured contin
uously up to and prior to the
day of
19 (here
inafter called "SUPERSEDED BOND(S)") which is not recoverable
thereunder owing to the expiration of the period allowed therein
following expiration, cancellation or termination in which to
discover losses.
In the event of the limit of liability under Bond(s) of which this Bond pays the excess, being reduced in respect of any loss also covered hereunder solely by reason of the operation of a Non-Cumulative Superseded Suretyship Rider contained therein, the Company in determining the amount of loss under this Bond shall deduct only that portion, if any, remaining after such reduction.
It is further understood and agreed that the Superseded Bond(s) and the Bond shall not be cumulative in amount and in the event of a loss discovered before Che expiration of the above mentioned extension period, involving both the Superseded Bond(s) and this Bond, the amount attaching to the Superseded Bond(s) shall be first paid, and then the difference, if any, between such amount and the amount of cover afforded by this Bond (but not exceeding the amount of loss occurring during the period of, indemnity provided by this Bond) shall be payable hereunder.
Nothing in this Clause however shall be deemed to render the Company liable for loss of a nature not insured under this Bond or to increase their liability in respect of any loss or series of losses beyond the amount of this Bond.
9. It is understood and agreed that in respect of the coverage provided by this Bond the unqualified word "Insured" shall include such additional interests as are included under the Primary Bonds.
10. This Bond is subject otherwise to the terms and conditions of the policy of which it forms part and nothing contained herein shall operate to increase Company's limit of liability of in respect of any one occurrence.
H 23662 D
GLD051320
0049-GLD-000051320
HOMEt h i:
in s u r a n c e c o mp a n y
59 MAIDEN LANE * NEW YORK, N Y. 10038
May 24, 1973
Mr. T.A. Clarke Marsh & McLennan 1221 Avenue of the Americas New York, N.Y. 10020
RE: S.C.M. CORPORATION ETAL HEC 4 42 87 44
Dear Mr. Clarke:
Thank you for your letter of May 16, 1973. We have reviewed the question arising as a result of the Canadian authorities requirement that a standard form be use to provide Excess Automobile coverage (Endorsement Number 10) when an umbrella policy is issued and your concern that umbrella coverage be provided when the occassion arises that ho Auto coverage can be attributed to the Excess Automobile Endorsement.
It is our intent to provide coverage under the umbrella policy when no coverage can be attributed to the Excess Automobile Endorsement. Further it is our intent to provide 30 days notice of cancellation notwithstanding anything to the contrary in Endorsement Number 10.
If there are any other questions with respect to this matter, do not hesitate to call us.
Very truly yours.
Ofe
David Clem Excess Lines Unit
DC:rm
l Ml MO Ml (II I NS l>l< AN Cr
ORGANIZED 1 5 3
GLD051321
0049-GLD-000051321
e*wn*mm**-`
w-
THE HOME INSURANCE COMPANY
59 MAIDEN LANE NEW YORK. N Y. 10038
May 2, 1973
Mr. T. A. Clarke Karsh & McLennan 1221 Avenue of the Americas New York, N.Y. 10020
RE: S.C.M. CORPORATION ETAL NEC 4 42 87 44
Dear Mr. Clarke:
This is in reply to your letter of April 26, 1973. Endorsement number 10 is used whenever there is a Canadian automobile exposure. The use of this form is required by the insurance department in Canada. If we can be of any further help let us know.
Very truly yours,
Qbw\
David Clem Excess Lines Unit
DC:rm
i
THE HOME OF INSURANCE ORGANIZED H53
GLD051322
0049-GLD-000051322
\& 1973
Mr. 2&,vo Clesa
Exaece Lines Lbet. Ho b s lJMitu*ac Cosymy
59
Hew York, Hew York 10038
Hear Bare*
ECM Corpors.t5.cr. U^rolln. iisJ>5.3 it.v
rnrxk you for your latter of Kc,y 2 in ro^oac? to q v x -z of April 2$.
V<* oc* ivocept ti>o fr-st
r'vorc*-~:<ifc "o, 10 .'2 recuirrci toy ihs
Canrcij.-a. Xtesucv.u-.e Aul'lioritif a. Itr/cwe* we . -fid like "letter of
intent" ffcoa tor S-.c-.o I?;*ntro.*!.os Coayoay
tout vho it.m- .so
of e. , ansrato Cii;:.-<!ira covers.;? esdexetrart' '.fill in r>o wry restrict
coverc:.::-; afforded to SCil Corporation in C:..-.iv-
We'd l*e delighted to ciscucs this with you. r>v your convalesce.
. Very truly yourts>
SAC* do
T. A. Clorka
GUD051323
000051323
April 2C, 1973
Kr<
Excrr--
I'rpt.
Hone J'r-'U'rtuiCir ";
59 I*;U*fu Uwi5_ .
Hew y.o::'. :, New YZvk
FearT::.vnt
GW? Corporation,
ift-ib-olla Liability
Po.Uc>- Ho.
2S?Ux
Vfe hrr.-s rcioeivjd. IP-'*orrfeot Nea. , 10 -vncl 10.il. which, relate to the CasaCAtti Pri?s-y
We vouiCi like your explanation of EadorscL-'cint slO.
Specifically:
l) SCT1 Policy is en llslri olle, Poru e.'-.d Entjorscsaan.t #10 indicates ea Erne tti. i'or.a.
?) Notice cf Cancellation in 30 days end thio craicrssraent
iadicc'.toi. 15 Csyn*
We loo!: forward to bearing Iron you.
Very truly yovrs.
EaCitlc
T. A. Clerks*
GLD051324
0049-GLD-000051324
PRiiHiVi-; li V
}`D Tid' HOKE IfiSUKANCG C0!:~At!v
POltlY NVMULfl
t.AUt.r. If.iVKLO
flEC 4 4 2 37 44
S. C. M.
POLIC*' ImCL if lt;>
1/1/73 ti-PcCMvi ;j mc mo u iak or CutK-R&.ML* i
1/1/73
*tU`CjCt.R Mart'h & I'icGenn.in
Oiidortntnicnl He. 8
t h e HOME INDEhlitTY COMPANY
;; Depuration ^ X 1'Oi.lCY IAt*MtAKbN
1/1/76 Ua 1 L i.Lir
3/27/73 s / KtiiH'CCt; hf>, c 50.167 -Go i
It is ocrecd
This policy is hereby nine ncieci ns indicated. All other terms o;id condition;, ol this
policy teir.ois! unchanged.
Item >> Prenlu* if; .fiu-rKocI to
U.S. ynd Other's - $87,430,00
Can
c\ w
Enut
ny
GLD051325
0049-GLD-000051325
PRil-HIUM EKDQRSEKEUT
Endorsement No.
ED THE HOME
POLICY NUMOCH
HSC W23744
roucr i:<ccirtOM
1/1/73
CFFLCMVC. 0*T- f-ttti UutL OF
IHSUR&KCE
,lt
COHFAHY THE HOME INDEMtTY COMPANY
KAMJ.0 t'lSifhCft
S.C.M.Corporation, etal
p o u '.c r rpi(MjtM
1/1/76
DATC P>.tt>A*CU
1/1/73
ppor-uctR
Marsh &. McLennan
3/27/73
af
p*or>ict n o . on e
50107-081
It is ogreed that this policy is hereby amended as indicated. All other terms and conditions of this policy remoin unchanged.
Named
Insured
Produce!
Producer #: Canadian Premium;
CAK/,L
"T % f-ISMSlsT
S.C.K-Ltd, ,29. Gcrvais Dr.Don Mills,Ontario,Canada Gliddeu Companys Ltd. Proctor Leryt, Ltd.
Marsh & McLaimr.u, Ltd, 7 Kin- St, Me si: Torcnfo I, Ontario, Canada
2/507-R?l
$2,520.0C
It is further agreed- that the above premium is payable in Canadian Funds,
SlfcKAIJRC V'
DATE StC^CC
MiLD
it-.TA
AODIf.`Or:AL PREMIUM
s 2,320.00 Canada
i.IA Vnn ll_ " " ^
RETURN
S___
tAw" * i a ox srtor.T1 imW or"
Complete cnly if Policy is written on instalment pirn:
**.. L '. PA 1 t
ANM VC HI A** O* T L
At.NIVtMSAftr
S _____
AHKlVFROAHf OATS
__________
DATES PREMIUM DUE
Me-.lh
Vr.
Mon*h
Y*.
Moi-.tK
Y.
Month
Yt .
TOTAL
Q a p p -l . pnn^tuw____
.Q treju r n j p k .-.jui/
:>_rr:
REVISED (MSTALLMEMTS
.... -------------------------- . . ------------------------------------------------
*a u i
:jr 1
;-f :./tf. '> v. a m.*-
H'i'i'Ks r
GLD051326
0049-GLD-000051326
COMPREHENSIVE EXCESS INDEMNITY POLICY ii!idU*ifU`
It is agreed that such insurance as is afforded by the policy with tospecf fo automobiles is hereby deleted ar.d the following substituted therefore;
WHEREAS a.i application has been made by the applicant (heroionflor called the "Insured") to the Excess Insurer for a contract of excess, automobile insurance and the said application forms part of this contract and is as roilc,-.
APPLiCrVHON-
Hem 1.
Full name and postal address of the applicant (including county or district)
S.C.lI.jU-u., etal 2? Garv-tls Dr. ijori Hills, Ontario. Canatin
Occupation or business
Item 2. The policy period; from
l/l/73
to X/l/76
i2:01 am. Standard Time at the applicant's address stated herein as to each said crates.
Item 3. Ts-e insured is warned that by* sfscute this excess contract auromaiicslly terminates concurrently with the icro-lo tion of any policy mentioned in Hem 5.
item -1.
This application is for excess insurance against ivgst liability for bodily injury or death or damage to prop-.r-.y of others upon the terms and conditions of the Excess Insurer's sUmjard policy font* for excess insurance:;.n:( ! _. tire following specified limit:
LIMIT
$ 10 jQ'JO,000 ^exclusive of costs! excess ol
5 5,000.000. being the amount of the fhr.t loss avid underlying excess Ltsuranr- c: scribail in Item G, for ioss r.r damage resulting from L.-tch:.-' injury to death of one or more per'-ws cud for ic.-s or damage to jrropen/ egordless of the number of cL.i.v.s arising from uny one ,er.fi..i':it.
Item !j. (a) Description of first loss motor vehicle liability insurance.
Name of Insurer;
Policy No.:
See. Kndt.'.-lO..
Type of Policy; (state S.P.E. No.)
Limitfs):
Policy Period:
(b) Description of underlying excess insurances) if any. Name of Insurer(s): Do:: e Policy No(s): Limit(s): Policy Periodfs):
Item G. Premiums li.cluued it) Js:i0u.v9
Minimum domed premium $
NOTE: It the premium is subject to adjustment, hn apprayrUe env.'s. me^t will be attached to this policy.
Item 7. CU<ms must be reported to: Reli t to c.p-rci-i prsviwurts 7 and 9 cl tliir policy
lie-. - ! 5':
.1 I'
Corbrrjr'
GLD051327
0049-GLD-000051327
Insit!.:.. provided always (hat nothing in this po'icy sb.Vi In; construed to mean Inat losses nuclei this policy are not payable until the Insmed'u ultimate net loss lias finally been ascertained.
5. Liability to pay under this policy shall net attach unless and until the (ire! loss and unCodyini; excess Insurshell have admitted liahiliiv for th - fust loss i*d ; underlying excess limit(s) <,, unless and until tiie Insured has by final judgment been ad judged I.. p:.y an amount which exceeds such first loss end e 'c' -rlying excess liinit(s) and then only after the first loss and underlying excess iusurorjs} hasiltfivu paid or has/havo been held iiatto fray the full amount of the first loss and und::i lying excess limit's).
6. Neither the inclusion of more than one entity in the
excess contract is ?-:!oinaticcilly termini t--j. In the event that this policy is auto;,,-ilir;:,!/ tcsmiunt xi. the Excess Insurer agrees to refund the excess of premium actually paid over the pro rata premium lor the expired tram (subject to any minimum itlaiuod premium specified) cs soon as practicable, hut if there it. any pre.-Ma premium unpaid the lusuied agrees tu p.iy this.
9. Any written notice to the Excess Insurer may be delivered o', tr scut by registered mail to, the chief agency o: h;i office of th-; t-vef. Insurer it this province. iViiii.n notice .may bo shyer, to the I:ore-i named in this policy by Idler personally d.-i-. '-od to hirn or by registered nuii! addressed to hen a; ini latest fior.i Nice address notified to the f-'.-.rass Insurer. In this condition flip expression "registered" means registered in or outside Canada.
This endorsement, No. 10
. effective l/l/V
, forms a part cf policy
t>- KF-C4428744
issuedto s.C,M. corporation, atal
bv The Home Insurance- Co, (The spaces above are to be completed only if this endorsement is issued subsequent to the issuance of the policy.)
_^
_
GLD051328
0049-GLD-000051328
HOH-PtUrMUiH ONDCRSEKtMT
Endorsement No.lOA Page 1
Issued by -
QT] THE HOME INSURANCE COMPANY
Q THE HOME INDEMNITY COMPANY
I'OVK i
EEC
'-Aloll-A
u a TC
tm*.C O * (.lll^ONSCMfriT
N.MCD
S.C.M. Corporation,eta1
PATE MHTHArtCU
1/1/73
PfcODUC*
____________ 3/27/73
s
McLennan
. 5018 7-001
It K ap.rec-d tliot thi-s polity is hereby amended as indicated. All other tcims ond conditions of this
policy remoin unchungcd.
Schedule of Underlying Insurances
policy Lumber
Primary Carrier
Coverage
Each Person
Each Accident
Aggregate
In co:*i side ration of the premium charged, it is agreed that Endt.#10 Item 53, Description of first loss motor vehicle liability insurance
include a the following underlying insurances': -
Is* 3JX772 - Ketaper
FSLS'-.l^
Kenner
FSLlli
Kemper
P3L6939
Kemper
AN596192
Kemper
Automobile Liability Bodily Injury & Property Damage
Automobile Liability Bodily Injury & Property Damage
Automobile Liability Bodily Injury & Property Damage
Automobile Liability Bodily Injury & Property Damage
Automobile Liability Bodily Injury & Property Damage
$5>000,000.00 CSL as respects vehicles leased from Gerries National
$5,000,000.00 CSL as respects vehicles leased from Cross Caned." Leasing.
$5,000,000.00 CSL as respects vehicles leased from Mainline Aube Leasing
$5,000,000.00 CSL as respects vehicles leased from Del Bodjin leasing
$5,000,000.00 CSL as respects vehicles leased from Ace Auto Leasing
<?* 7t> HU/hi-ltNI I 5 >*i_
z/tit
GLD051329
0049-G LD-00005132
l*OH-PftMtUM ENDORSEMENT
Endorsement No. 10A Page 2
Issued Lr -- [53 THE HOME INSURANCE COMPANY
Q THE MOKE INDEMNITY COMPANY
MOL ICY IIUOl LH
HEC 4428744
NAMED m&ULO
S.C.M.Corporation, etal
crrtcuvi uAlt. a n d lihl. t>r CKWRS6WEUT
1/1/73
DAH REJ*/,RtO
3/27/73
sf
PAOOUCKH UO.-Ofe
Kar.'ih A Mclennan
50187-081
It is agreed tliat (his policy is hereby .amended os Indicoted. All other terms and conditions ol this policy remain unchanged.
Policy Number
Primary Carrier
Coverage
Each
Each
person Accident
Aggregate
It is further agreed that the following policy is added to the Schedule of Underlying Insurances, Endt. #2, revised:-
3YL 296000 Kemper
Comprehensive General Liability Bodily Injury end Property Damage
COL 5,000,000.00 $5^)00, OC-i..
This schedule applies to the policies listed above and to renewals thereof.
h 22300 irtij a/eu
of- a u t h o h ';' :-tiV.rHtsri;V^nvu'
GLD051330
0049-GLD-000051330
* t
TO: tv.': i k
Or Ft CL.
Sif lEGi': EXv.'ji:;;- Lf/.BIT. .:y i ''.'ika : CAMAJ A._________
INTER-OFFICE MEMO
MH
j
Attached in a-, approved invoice for 'Hojii- i usurer: 'knpany
Policy No. HEChh?S74t ' v.lii-:h .pro-/iies exc.
IV (l i' * ty insurance
in the Uni ten Stat's and Cans :a for the pdr.i. j
to I-I.-76.
This policy is in the amount of $10,000, fa over primary insurance of $5,000,002. The various primary ge- ;&' and auto liability policies have been distribute:.
The invoice in the amount of $2,520 represents th- Canadian protion of the premium, for the three year period. Remittance should be made to Marsh & McLennan Limited, 7 Kir~ "treat East, Toronto I.
The orer.ium is based on the combined ger-eral/suf-;- liability pr-raium for all of 5CM (Canada) Ltd. and shor'd h- allocated as fellows:
Consumer Products Proctor-Lev/yt Glidden Ccrapeny
$1,11C 39^
______516
Total
$2,520
There was another excess liability policy rerv/rej on 1-1-73.
This policy provided $5,009,000, in coverage "-xcess of the Home Policy and the plom^rn policy. There .*). rc premium charge
developed for Canada" because'it would have c-^en too small for billing.
ND; sv cc: v;. E. Lennox
A. J. Sheridan j. A. K. Fathauer ,t L. 3n Not-'-
*.
V
\
GLD051331
0049-GLD-000051331
-KING ST EAST
--------TQBONro i
NARK!! 4sMi!lJKXN.\X IJ[3I1TK1>
INSCKA.VUK
S C M CANADA LIMITED 29 GERVAIS DRIVE 00N MILLS, ONTARIO
INVOICE NO.
03-31-201
TELEPHONE
368 7873
SILLING DATE
MAR 12/73
i i <
1`TTKI' r
PHASE 0ETC THIS STUB AND MAIL WITH HEW ITANCfc
THE PREMIUM SHOWN IS FOR THE PERIOD FROM JAN 1/73 TO JAN 1/76 ASSURED--S.C.M. CANADA LIMITED ET AL
*4 '.
0049-GLD-000051332