Document 6RZOqxZ0nzBDr8YpdBnGONGyg

Declarations I Excess Insurance Policy POLICY NUMBER DATE ISSUED RENEWAL OR REPLACEMENT OF December 9. 1986_________________ Item NAMED INSURED & ADDRESS 1. HANSON INDUSTRIES, EffiL- (AS HER UNDERLYING INSURANCE) 410 Park Avenue New York, New York 10022 z POLICY PERIOD: p o l ic y c o v e r s f r o m October I19.86. ~ t o October!, 1987 12:01 a.m. Standard Time at the Named Insured's address stated above. 3. COVERAGE IS PROVIDED BY COMPANY CHECKED UNITED STATES FIRE INSURANCE COMPANY 3 THE NORTH RIVER INSURANCE COMPANY WESTCHESTER FIRE INSURANCE COMPANY INTERNATIONAL INSURANCE COMPANY otfic Town, S MAJOR SURPLUS, INC. 'ill John Street New York, New York 10038 4. PREMIUM IS PAYABLE ft 700,000.00 in arivannp arifiiRfahffi at a rale of pp.c annual exnnsure estimated at: s 700,000.00 annual minimum premium Flat Charge 5. UNDERLYING INSURANCE: $13,000,000.00 each occurrence and in the aggregate (where applicable) urrbrella liability as provided by various Companies on file with this Ocnpany, policy number to be advised, excess of underlying insurance or self-insured retention. 6. LIMIT OF LIABILITY $5,000,000.00 each occurrence and in the aggregate (where applicable) excess of the limits indicated in Item 5 of the Declarations. HLC/lfr m 101.1.302 (2-82) IA-EX 162 (10-85)X IA-XS 111 (12-84) m 823 (5-84) PM 101.0.303 (3-84) IA-EX 149 (2-80) Countersigned by _________ N17588 <L This endorsement effective April ?, 1987 forms part of policy number 522 059409 Issued to HANSON INDUSTRIES, ETAL. By The North River Insurance Company In consideration of an additional premium of $140,000.00, it is hereby agreed that coverage as is afforded by this policy is extended to include the following: KAISER CEMENT CORPORATION All other terms and conditions of this policy remain unchanged. Endorsement No. 1 (REVISED) RLC/ntab - 4/30/87 GLD055386 0049-GLD-000055386 This endorsement effective March 1, 1987 forme pert of policy number 522 069409 Issued to HANSON INDUSTRIES, ET AL. By The North River Insurance Company In consideration of an additional premium of $140,000,00, it ie hereby agreed that coverage as is afforded by this policy is extended to Include the followings Kaiser Cement Corporation All other terms and conditions of this policy remain unchanged. Endorsement No, 1 RLC/ks (4-8-87) This endorsement effecti^ October 1 1986 farms part of policy number 522 069409 issued to HANSON INDUSTRIES, e t AL. By North River Insurance Company f EXCESS KftXC? pariUTICM LlflBPiTTy EXCLUSION In consideration of the premium charged, this policy does not apply: (1) to liability arising out of the actual, alleged or threatened discharge, dispersal, release or escape of pollutants: (a) at or from premises owned, rented or occupied by the named insured; 0s) at or frcm any site or location used by or for the named insured or others for the handling, storage, disposal, processing or treatment of waste; (c) which are at any time transported, handled, stored, treated, disposed of, or processed as waste by or for the named insured or any person or organization for whom the named insured stay be legally responsible; or (d) at or from any site or location, on which the named insured or any contractors or sdxxntractors working directly or indirectly on behalf of the named insured are performing operations: (I) if the pollutants are brought on or to the site or location in connection with such operations; or (II) if the operations are to test for, monitor, clean up, receive, contain, treat, detoxify or neutralize the pollutants. (2) to any loss, cost or expense arising out of any governmental direction or request that the named insured test for, monitor, clean up, remove, contain, treat, detoxify or neutralize pollutants. Pollutants means any solid, liquid, gaseous or thermal irritant or contaminant, including smoke, vapor, soot, fumes, acids, alkalis, chemicals and waste. Waste includes materials to be recycled, reconditioned or reclaimed. All other terms and conditions of this policy remain unchanged. gnaam AS ACCEPTED BT INSURED: __________________________ (Corporate Officer) IA-EX 162 (1G-85)X P-22 Authorized GLD055388 0049-GLD-000055388 ^The London Agency, lnc( This endorsement is part of your policy vhen the fora number is shown on the declarations and takes effect on the effective date of your policy, unless another effective date is shovn. COMPLETE ONLY WHEN THIS ENDORSEMENT IS NOT PREPARED WITH THE POLICY OR IS NOT TO BE EFFECTIVE WITH THE POLICY. This endorsement effective Issued to By forms part of policy number LOSS EXPENSE ENDORSEMENT EXCESS POLICY In consideration of the premium charged, it is agreed that the Insuring Agreement is amended as follows: "To indemnify the insured for that amount of loss which exceeds the amount of loss payable by underlying policies described in the Declarations. The Company's obligation hereunder shall not exceed the limit of liability stated in Declaration 6." It is further agreed that Condition F is amended as follows: "F. Loss Expense. Loss expense includes loss expenses and legal expenses incurred by the Insured with the consent of the company in the investigation or defense of claims, including court costs and interest. These expenses shall be borne by both the company and the Insured in the proportion that each party's share of loss bears to the total amount of such loss. Salaries and expenses of the Insured's employees shall not be considered as part of the above expenses. Expenses thus paid by the company shall be paid in addition to the limit of liability stated in Declaration 6." All other terms and conditions of this policy remain unchanged. Endorsement No. LA-XS 111 (1-84) Revised (12-84) GLD055389 0049-GLD-000055389 ^ The London Agency. Inc. ( This endorsement is pare of your policy when the form number is shown on the. declarations and takes effect on the effective date of your policy* unless another effective date is shown. COMPLETE ONLY WHEN THIS ENDORSEMENT IS NOT PREPARED WITH THE POLICY OR IS NOT TO BE EFFECTIVE WITH THE POLICY. This endorsement effective Issued to By forms pare of policy number WAR RISK EXCLUSION This policy does not apply to any Bodily Injury* Personal Injury or Property Damage due to var whether or not declared* civil war* insurrection* rebellion* or revolution* or to any act or condition incident to any of the foregoing when occurring outside the United States and Canada. All other terms and conditions of this policy remain unchanged. Authorized Representative Endorsement No. FM 101.0.823 (5-84) W-7 0049-GLD-000055390 The London Agency, This endorsement is part of your policy when the form number is shown on the declarations and takes effect on the effective date of your policy, unless another effective date is shown. COMPLETE ONLY WHEN THIS ENDORSEMENT IS NOT PREPARED WITH THE POLICY OR IS NOT TO BE EFFECTIVE WITH THE POLICY. This endorsement effective issued to By forms part of policy number WATERCRAFT LIABILITY EXCLUSION This policy does not apply to liability arising out of the ownership, maintenance, operation or use, including loading or unloading thereof, of any watercraft. All other terms and conditions of this policy remain unchanged. Endorsement No. LA-EX 149 (2-80) W-3 GLD055391 0049-GLD-000055391