Document BpdMvwvzz6BZVY501Mr3j45o

^ if) t 1 ,1 V , W*^ \ * * * '>?; '* .' >. ' .. 07^ r,V< \*I '?'" /* ''' V TheTravelere Insurance Company TheTravelers Indemnity Company Hartford, Connecticut t JH DECLARATIONS Comprehensive General Liability Policy Number SLG 4:&LQ914l The insuvance afforded is only with respect to such and ao many of the following coverages as are indicated py speoec grewmm cnam er charges The limit of the company * lability against each such coverage shall be as stated bereiti# subject to all tbe terms oi this ^policy having reference thereto., ^ j______________________ ._______ __________ ^ Item 1* Name of insured *.n? TO rv?.u>>*aM a-- a.- v* ry ifciv tJ , - Address - - (No. street. town, county. state) 2U SOUTHERN ALKALI CORPORATION CORPUS CHRfSTl, TO:. Locations of all premises owned, rented or controlled by named insured (Bnt<r "sama" If mom location u above address) Interest of named insured in such premises (EoUs "Owner," "General Lems" or "Tenant") Part occupied by named insured Business of the named insured is KST2T- Policy Period: From JUNE ?a,JS^b . standard time at the address of the named insured as (tated'herem. to Itm 3. Coverage* Limit* of LiabllMy '31S947 Advance Premium* 12:01 k. K.. A. Bodily Injwy Liability 1 0 0 ,, C 2C .each person $ 2,000,000 ,each accident I 2 ,C0C,CC.j,aggregate products j W ( Th*l*ttr"Xr Innnyi linm r*nean'??:-' Et& B. Property Diauft Liability ."*1 r,r', each accident &0 OV-T- aggregate operations ' ' ''m aggregate protective $ SE:T l';1 , aggregate product* ' ? 2 * ~ - aggregate contractual i k.* L-1 if. a ; not afforded with rfcepectjto ,,tbA ,,v. coverage opposite W thereto.-"*;":v "' 4 j (u '' , ", * Symbol numbanofandenamanC*forming ' a part of tha polley on hi nffaotlva data: . ..;, 1 ' a32.|* ----o Prnnlum 'w {ten 4. The declarations are completed on attached schedules designated item 5. r'i M* . tr: The schedules disclose all hazards insured hereunder known to exist at the effective date of thispoiicy, except as herein stated .r ,i i ,r \ r Date of Issue -'.21. V - Countersigne ' C-MS7W Ed. Frb. 1943 r*irco m o.iji. 'f* i.i . , '2 o;* ` : F:. ' s.n&MrV ' : .? ^ Jl?1" * --.if ' TM-44Ax ptiwTfo 1H V.5 A _____ i jl2-------J The Travelers Insurance Company and The Travelers Indemnity Company Hartford, Connecticut (Each a Stock Insurance Company, Herein Celled the Company) Severally Agree with the insured, named in the declarations made a part hereof, in consideration of the payment of the premium and in reliance upon the statements in the declarations and subject to the limits of liability, exclusions, conditions and other terms of this policy, provided The Travelers Insurance Company shall be the insurer with respect to Coverage A and no other and The Travelers Indemnity Company shall be the insurer with respect to Coverage B and no other: Insuring Agreements I. Coverage A--Bodily Injury Liability To pay on behalf of the insured all sums which the insured shall become obligated to pay by reason of the liability imposed upon him by law, or assumed by him under contract as defined herein, for damages, including damages for care and loss of services, because of bodily injury, sickness or disease, including death at any time resulting therefrom, sustained by any person or persons and caused by accident. Coverage B--Property Damage Liability To pay on behalf of the insured all sums which the insured shall become obligated to pay by reason of the liability imposed upon him by law, or assumed by him under contract as defined herein, for damages because of injury to or destruction of property, including the loss of use thereof, caused by accident. II. Defense, Settlement, Supplementary Payments, As respects such insurance as is afforded by the other terms of this policy the ^^ompany shall defend in bis name and behalf any suit against the insured alleging such injury, sickness, disease or destruction and seeking damages on account thereof, even if such suit is groundless, false or fraudulent; but the company shall have the right to make such investigation, negotiation and settlement of any claim or suit as may be deemed expedient by the company; (b) pay all premium# on bonds to release attachments for an amount not in excess of the applicable limit of liability of this policy, all premiums on appeal bonds required in any such defended suit, but without any obligation to apply for or furnish such bonds, all costs taxed against the insured in any such suit, all expenses incurred by the company, all interest accruing after entry of judgment until the company has paid, tendered or deposited in court such part of such judgment as does not exceed the limit of the company's liability thereon, and expenses incurred by the insured, in the event of bodily injury, sickness or disease, for such immediate medical and surgical relief to others as shall be imperative at the time of accident; (c) reimburse the insured for all reasonable expenses, other than loss of earnings, incurred at the company's request. The company agrees to pay the amounts incurred under this insuring agreement, except settlements of claims and suits, in addition to the applicable limit of liability of this policy. III. Definition of "Insured." The unqualified word "insured" includes the named insured and also includes any partner, executive officer, director or stockholder thereof while acting within the scope of his duties as such. IV. Policy Period, Territory. This policy applies only to accidents which occur during the policy penod within the United States of America, its territories or possessions, Canada or Newfoundland. Exclusions Till* policy does not apply: (a) except with respect to operations performed by independent contractors, to the ownership, maintenance or use, including loading Or unloading, of (1) waterxxaft while away from premises owned, rented or controlled by the named insured, (2) automobiles while away from such premises or the ways immediately adjoining, or (3) aircraft; (b) to liability assumed by the insured under any contract or agreement not defined herein; (c) under Coverage A, except with respect to liability assumed un der contract covered by this policy, to bodily injury to or sickness, disease or death of any employee of the insured while enraged in the employment of the insured, or to any obligation for which the in sured or any company as his insurer may be held liable under any workmen's compensation law; (d) under Coverage B, to injury to or destruction of (1) property owned, occupied or used by or rented to the insured, or (2) except with respect to liability assumed under sidetrack agreements and the use of elevators or escalators, property in the care, custody or control of the insured, or (31 any goods or products manufactured, sold, handled or distributed or premises alienated by the named insured, or work completed by or for the named insured, out of which the accident arises; (e) under Coverage B, except with respect to liability assumed under contract covered by this policy and except in so far as this exclusion is stated in the declarations to be inapplicable, to (1) the discharge, leakage or overflow of water or steam from plumbing, beating, refrigerating or air-conditioning systems, elevator tanks or cylinders, standpipes for fire hose, or industrial or domestic appli ances, or any substance from automatic sprinkler systems, (2) the collapse or fall of tanks or the component parts or supports thereof which form a part of automatic sprinkler systems, or (3) rain or snow admitted directly to the budding interior through defective roofs, leaders or spouting, or open or defective doors, windows, skylights, transoms or ventilators, in so far as any of these occur on or from premises owned or rented by the named insured and injure or destroy buildings or contents thereof. Conditions The conditions, except Conditions 8 and 9, apply.to alleoverage*. Conditions 8 and 9 apply only to the coverage or coverages noted thereunder. 1. Premium. The premium bases and rates for the hazards described in the declarations are stated therein. Premium bases and rates for guards not so described are those applicable in accordance with the ^^BUials in use by the company. premium stated in the declarations is an estimated premium only. Upon termination of this policy, the earned premium shall be computed in accordance .with the company's rules, rates, rating plans, premiums and minimum premiums applicable to this insur ance. If the earned premium thus computed exceeds the estimated advance premium paid, the named insured shall pay the excess to the company; if less, the company shall return to the named insured the unearned portion paid by such insured. (Continual! on Pag* S) | BB 0016387 j Effective from------JUNE 28,-ISAS------- Amending Policies numtwwt RSL6- 1 9 I 09 14- At UM A. M. Standard Tlatt Issued toSOUTHERN ALKALI CORPORATION It is agreed that as of the effective date hereof these Policies are amended in the following particulars: LIMITS OF LIABILITY - PRODUCTS - COVERAGE 8 WITH RESPECT TO THE PRODUCTS HAZARD AS DEFINED IN DIVISION (C) OF CONDITION 6 THE LIMITS OF THE COMPANY*S LIABILITY SHALL BE AS HEREINAFTER STATED- $ 50,000 EACH ACCIDENT $250,000 AGGREGATE PRODUCTS Date of Issue 7.9^46 Changes affecting insurance afforded by The Travelers Insurance Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Indemnity Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Fire Insurance Company are executed for that Company only. The Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company 4 BB 0016388 | PAGE #1 Effective from JUNE--28, I 946-------- Amending Policies niimhorgrlRSLG-- 19 I 0914 At 12:01 A. M. Sundud Time Issued SOUTHERN ALKALI CORPORATION,, It is agreed that as of the effective date hereof these Policies are amended in the following P*rticuIaf8: ' PREMIUM COMPUTATION ENDORSEMENT (FOR ATTACHMENT TO POLICY RSLG--191 09!4) I* STANDARD OPEN PREMIUM, THE STANDARD OPEN PREMIUM IS THE SUM OF: (AJ 82.3$ OF THAT PORTION OF THE EARNED PREMIUM FOR POLICY RSLG-19 I 0914 APPLICABLE WITH RESPECT TO THE INSURANCE AFFORDED UNDER COVERAGE A SUCH PREMIUM COMPUTED IN AC CORDANCE WITH THE PROVISIONS OF THE POLICY, EXCLUSIVE OF THIS ENDORSEMENT, AND (B) 100$ OF THAT PORTION OF THE EARNED PREMIUM FOR POLICY RSLG-191 0914 APPLICABLE WITH RESPECT TO THE INSURANCE AFFORDED UNDER COVERAGE B COMPUTED IN ACCORDANCE WITH THE PROVISIONS OF THE POLICY, EXCLUSIVE OF THIS EN DORSEMENT. 2. STANDARD CLOSED PREMIUM. THE STANDARD CLOSED PREMIUM IS THE SUM OF: (A) THE STANDARD PREMIUM AS PROVIDED FOR IN THE 5rTpnFFr^ TIVE PREMIUM ENDORSEMENT - TEXAS MADE A PART Or POLICY RUB-19 I 09 I 5, (B) THE EARNED PREMIUM COMPUTED IN ACCORDANCE WITH THE PRO VISIONS OF POLICY RUB-1310913, AND (C) THE EARNED PREMIUM COMPUTED IN ACCORDANCE WITH THP PRO VISIONS OF POLICY RSLG-19 I 09 I 6. 3. EARNED CLOSED PREMIUM. THE EARNED CLOSED PREMIUM IS THE SUM OF: THE E.ARNtD RETROSPECTIVE PREMIUM COMPUTED IN ACCORDANCE WITH THE PROVISIONS OF THE RETROSPECTIVE PREMIUM ENDORSE MENT - TEXAS MADE A PART OF POLICY R'J8-1910915. Date of Issue THE EARNED PREMIUM COMPUTED IN ACCORDANCE WITH THE PRO VISIONS OF POLICY RUB-19 10913, AND (C) THE EARNED PREMIUM COMPUTED IN ACCORDANCE WITH THE PROV!5 IONS OF POLiCv RSLG-IUI 09 ! Changes affecting insurance afforded by The Travelers Insurance Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Indemnity Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Fire Insurance Company are executed for that Company only. The Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company ive from_____ JUNE 28 * 1.2.46------- Amending Policies mimhw*dRSL6--1 91 0914 Issued SOUTHERN ALKALI CORPORATION It is agreed that as of the effective date hereof these Policies are amended in the following 1WUUU< INCURRED LOSSES. INCURRED LOSSES MEAN THE ACTUAL PAID LOSSES AND THE RESERVES AS ESTIMATED 8Y THE COMPANY FOR UN PAID LOSSES UNDER THE POLICIES DESIGNATED IN DIVISIONS I AND 2 FOREGOINGs AS OF THE COMPUTATION DATES HEREINAFTER SPECI FIED, PROVIDED THAT '.VITH RESPECT TO POLICIES RSLG-19I 0914 AND RSLG-19I 09lo, ALL ALLOCATED LOSS EXPENSE, BOTH PAID AND ESTIMATED BY THE COMPANY IN CONNECTION WITH THE INSURANCE AFFORED BY SUCH POLICIES SfHALL BE INCLUDED HEREIN AS INCURRED LOSSES, SUBJECT TO THE FURTHER PROVISION THAT? ' 1721 B) Date of Issue 7-9-4 6 (A) UNDER POLICIES RSLG-19 I 09 IA AND RSLG-I 9 I 09 I 6, EXCLUSIVE OF THE INSURANCE AFFORDED UNDER SUCH POLICIES WITH RE SPECT TO THE PRODUCTS HAZARD AS DEFINED THEREIN, THE LIMIT OF SUCH RESERVES AND PAID LOSSES, EXCLUSIVE OF ALLO CATED LOSS EXPENSE, TO BE INCLUDED HEREIN ARISING OUT OF BODILY INJURY TO OR DEATH OP ONE OR MORE PERSONS IN ONE AC CIDENT SHALL BE $10,000, AND THE LIMIT OF SUCH RESERVES AND PAID LOSSES, EXCLUSIVE OF ALLOCATED LOSS EXPENSE, TO BE INCLUDED HEREIN ARISING OUT OF INJURY TO OR DESTRUCTION OF PROPERTY IN ONE ACCIDENT SHALL BE $1,000, AND WITH RESPECT TO INJURY TO OR DESTRUCTION OF PROPERTY OCCURRING DURING THE POLICY PERIOD THE LIMIT OF SUCH RESERVES AND PAID LOSSES EXCLUSIVE OF ALLOCATED LOSS EXPENSE, TO BE INCLUDED HEREIN SHALL 9E $10,000. (B) UNDER POLICIES RSLG-I9IC9I4 AND RSLG-19 I 09 16, WITH RESPECT TO THE INSURANCE AFFORDED UNDER SUCH POLICIES IN CONNECTION WITH THE PRODUCTS HAZARD AS THEREIN DEFINED, THE LIMIT OF SUCH RESERVES AND PAID LOSSES, EXCLUSIVE OF ALLOCATED LOSS EXPENSE, TO BE INCLUDED HEREIN ARISING OUT OF BODILY INJURY TO OR DEATH OF ONE PERSON IK' ONE ACCIDENT SHALL BE $10,000 AND, SUBJECT TO THAT PROVISION RESPECTING ONE PERSON, THE LIMIT OF SUCH RESERVES AND PAID LOSSES, EXCLUSIVE OF ALLO CATED LOSS EXPENSE, TO 5t INCLUDED HEREIN ARISING OUT OF BODILY INJURY TO OF DEATH OF MORE THAN ONE PERSON IN ONE ACCIDENT SHALL 3E $25,000 AND, SUBJECT TO THAT PROVISION WITH RESPECT TO ONE ACCIDENT 7h LIMIT OF SUCH RESERVES AMD PAID LOSSES, EXCLUSIVE OF ALLOCATED LOSS EXPENSE, TO BE INCLUDED HEREIN ARIS IMG OUT OF BODILY INJURY TO DR Changes affecting insurance afforded by The Travelers Insurance Company are executed that Company only. Changes affecting insurance afforded by The Travelers Indemnity ipany are executed for that Company only. Changes affecting insurance afforded by The Meiers Fire Insurance Company are executed for that Company only. The Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company Suretyt Compensation and Liability Dipt. C-444X Countersigns |~BB O0l6^_i PAGE #3 Effective from--JUNE 28 $ I 946----------- Amending Policies nnmhprwl RSLG-19 I 0914 At 12:01 A. M. Standard Time Issued + SOUTHERN ALKALI CORPORATION It is agreed that as of the effective date hereof these Policies are amended in the following particulars; (C) UNDER POLICIES RSLG-I9I09I4 AND RSLG-19 I 09 I 6, WITH RE SPECT TO THE INSURANCE AFFORDED UNDER SUCH POLICIES IN CONNECTION WITH THE PRODUCTS HAZARD AS THEREIN DEFINED, THE LIMIT OF SUCH RESERVES AND PAID LOSSES, EXCLUSIVE OF ALLOCATED LOSS EXPENSE, TO BE INCLUDED HEREIN ARISING OUT OF INJURY TO OR DESTRUCTION OF PROPERTY IN ONE ACCI DENT SHALL BE $5,000 AND, SUBJECT TO SUCH PROVISION WITH RESPECT TO ONE ACCIDENT, THE LIMIT OF SUCH RESERVES AND PAID LOSSES, EXCLUSIVE OF ALLOCATED LOSS EXPENSE, TO BE INCLUDED HEREIN ARISING OUT OF INJURY TO OR DESTRUCTION OF PROPERTY OCCURRING DURING THE POLICY PERIOD SHALL BE $25,000. 5. EARNED OPEN PREMIUM. THE EARNED OPEN PREMIUM WHICH SHALL BE THE EARNED PREMIUM FOR THAT PORTION CF POLICY RSLG-IS109I4 AFFECTED 3Y THIS ENDORSEMENT SHALL SE THE AMOUNT WHICH WHEN' ADDED TO THE EARNED CLOSED PREMIUM WILL PRODUCE THE SUM OF; (A) 25$ OF THE SUM OF THE STANDARD CLOSED AND STANDARD OPEN PREMIUMS, AND (B) 119$ OF THE INCURRED LOSSES. 6. MINIMUM EARNED OPEN PREMIUM. SUCH EARNED PREMIUM SHALL NOT BE LESS THAN AN AMOUNT WHICH WHEN ADDED TO THE EARNED CLOSED PREMIUM WILL PRODUCE A TOTAL AMOUNT EQUAL TO 60$ CF THE SUM OF THE STANDARD CLOSED AND STANDARD OPEN PREMIUMS PROVIDE" THAT IN NO EVENT SHALL SUCH EARNED OPEN PREMIUM BE LESS THAN 1$ OF THE STANDARD OPEN PREMIUM. IN THE EVENT OF CANCELATION OF POLICY RSLG-19 I 09 I 4 BY THE INSURED, THE MINIMUM EARNED OPEN PREMIUM SHALL BE EQUAL TO THE STANDARD OPEN PREMIUM. Date of Issue T -- ') - 4 7. MAXIMUM EARNED OPEN PREMIUM. SUCH EARNED OPEN PREMIUM SHALL NOT BE MORE THAN AN AMOUNT WHICH WHEN ADDED TO THE EARNED CLOSED PREMIUM WILL PRODUCE * TOTAL AMOUNT EQUAL TO 150$ OF THE SUM OF THE STANDARD CLOSED AND STANDARD OPEN PREMIUMS. FOR THE PURPOSE OF COMPUTATION OF T^E MAXIMUM EARNED OPEN PREMIUM, THE PREMIUM FOR A POLICY CANCELED BY THE INSURED OP CANCELED BY THE COMFaNY BECAUSE OF NON-PAYMENT OF PREMIUM SHALL 3E COMPUTED PRO RATA FOR THE PERIOD THE POLICY 30 CAN CELED WAS IN FORCE AvC THEN EXTENDED ON A PRO RATA BaSIS TO THE NORMAL EXPIRATION TATE OF SUCH POLICY SO CANCELED. Changes affecting insurance afforded by The Travelers Insurance Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Indemnity Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Fire Insurance Company are executed for that Company only. The Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company Secretary, Compensation and Liability Dipt* C-444X PftlNTCO IN Countersigned by. 8WANTNEj^^Q^0HDpNy Viee-Presideiti ^sandSScrcUiry By... *[ bboo^LI PAGE #4 Effective from----dli&--28 , I 946--------- Amending Policies numbered-RSLG,t.13.1 Q9 14- At 12:01 A. M. Standard Tima Issued -SOUTHERN ALKALI CORPORATION'~ It is agreed that as of the effective date hereof these Policies are amended in the following particulars: 8. COMPUTATIONS. THE COMPANY SHALL MAKE THE INITIAL COMPUTA TION OF THE EARNED OPEN PREMIUM AS OF DECEMBER 28,1947, WITHIN SIXTY DAYS THEREAFTER, AND SHALL RECOMPUTE THE EARNED OPEN PREMIUM AS CF DECEMBER 28,1948 AND DECEMBER 28,1949, WITHIN SIXTY DAYS AFTER EACH SUCH DaTE. IN THE EVENT DURING THE POLICY PERIOD THE COMPANY CEASES TO BE THE INSURER FOR THIS . INSUREDf THE COMPANY SHALL MAKE THE INITIAL COMPUTATION OF THE EARNED OPEN PREMIUM AS OF A DATE SIX MONTHS AFTER THE DATE THE COMPANY CEASES TO BE SUCH IN SURER, WITHIN SIXTY DAYS THEREAFTER, AND RECOMPUTATIONS OF THE EARNED OPEN PREMIUM SHALL BE MADE TWELVE AND TWENTY-FOUR MONTHS AFTER SUCH INITIAL COMPUTATION, EACH ADDITIONAL COM PUTATION TO BE MADE WITHIN SIXTY DAYS AFTER EACH SUCH DATE. S. PREMIUM____A_D__J_U_S__T_M__E_N__T_S_ PREMIUM ADJUSTMENT SHALL BE MADE I MMEDiATELY FOLLOWING EACH COMPUTATION OF THE EARNED OPEN PREMIUM UPON THE EASIS OF THE DIFFERENCE BETWEEN THE EARNED PREMIUM THEN COMPUTED, AaNnDu T,HnEt AhiMOUNT PREVIOUSLY PAID TO AND RETAINED BY THE COMPANY UNDER POL ICY RSLG-I9I09I4, EXCLUDING IN THESE COMPUTATIONS ANY PREMIUM AID BY THE INSURED TO THE COMFANY BY REASON OF THE APPLICATION OF RATES DESIGNATED IN SUCH POLICY BY THE LETTER "EH. B) 10,FINAL PREMIUM. THE FINAL PREMIUM FOR POLICY RSLG-ISI09I4 SHALL BE THE SUM OFj (A) THE EARNED CkEU PREMIUM DETERMINED BY THE THIRD COMPUTATION AS PROVIDED FOR ! !v THIS ENDORSEMENT UNLESS FURTHER ADJUST MENT IS REQUESTED EITHER BY THE COMPANY OR THE INSURED UPON NOTIFYING THE OTHER PARTY WITHIN SIXTY CAYS OF THE PROMUL GATION OF THE RESULTS OF SUCH COMPUTATION, WITH THE FURT-iEF PROVISO THAT FURTHER COMPUTATIONS SHaLL SE GOVERNED BY A LIKE PROCEDURE, AND Date of Issue (B) 17.7,; OF THE EaHWED PREMIUM aHPLIOAHiE WITH RESPECT TO Tr.E INSURANCE AFFO D DD FOR COVE' - AGE - UNDER PCUC'-' FSLG-I5 IC~i4 SUCK PREMIUM TO :. CO.PUTEO IN ACCORDANCE WITH THE PROVI SIONS OF i HE POLICY.- EXCLUSIVE OF THIS ENDORSEMENT. Changes affecting insurance afforded by The Travelers Insurance Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Indemnity Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Fire Insurance Company are executed for that Company only. The Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company C-444X MINTCO IN O.S.A, PAGE #5 Effective ^ JUNE ?8,I946 Amending Policies numberedftS|,G-J 9(0914 At 12:01 A. M. Standvd Time Issued to_ SOUTHERN ALK^U CORPORATION________________________________ It is agreed that as of the effective date hereof these Policies are amended in the following particulars: I I the POLICY OF WHICH this L HOT 3c DEEMED TC ..FFECT " R 0 V I D ED F *N : 'ESE-^ENT 0 THE Date of Issue Changes affecting insurance afforded by The Travelers Insurance Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Indemnity Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Fire Insurance Company are executed for that Company only. The Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company PAGE ;/1 Effective from-- 28, 1946________ Amf-nding Pnli^'ps numlvrivl RSLG- I 9 I 09 14 At 12 KJI A. M. Standard Time Issued + SOUTHERN ALKALI CORPORATION________________________________ It is agreed that as of the effective date hereof these Policies are amended in the following PROPERTY DAMAGE LIABILITY SUCH INSURANCE AS IS AFFORDED EY THE POLICY FOR PROPERTY DAM AGE LI ABILITY APPLIES SUBJECT TO THE FOLLOWING PROVISIONS- I, APPLICATION OF i INSURANCE.. THE INSURANCE APPLIES ONLY TD- (A) OPERATIONS WHICH ARE DESIGNATED IN THE DECLARATIONS AND OPPOSITE WHICH PREMIUM CMAPSE FOR PROPERTY DAMAGE LIA BILITY IS SPECIFIED. (6) THE PRODUCTS HAZARD AS DEFINED IN DIVISION (C) OF CON DITION 6. (C) LIABILITY ASSUMED BY THE INSURED UNDER A CONTRACT AS DE FINED IN THE POLICY. 2. PREMISES DEFINED, THE UNQUALIFIED WORD "PREMISES* WHEREVER USED IN THIS ENDORSEMENT SHALL MEAN' TL'E PREMISES AT WHICH OPERATIONS INSURED UNDER DIVISION (A) OF FARAGRAFH I HEREOF ARE BEING PERFORMED SY THE NAMED INSURED. 3. EXCLUSIONS. THE INSURANCE DOES NOT r-.PP LY- (C) UJ UNDER DIVISION (A> OF PARAGRAPH !. TC DOGS, DRAFT OR SADDLE ANIMALS OR VEHICLES FOR USE THEREWITH, OR THE LOADING OR UNLOADING THEREOF, WHILE ,VWaY FROM THE PRE MISES OR THE 'RAYS IMMEDIATELY AC-uO iMii!G. EXCEPT WITH RESPECT TO EACH SUCH HAZARD WHICH IS DESIGNATED IN THE DECLARATIONS AMD OPPOSITE WHICH PREMIUM CHARGE FOR PRO PERTY DAMAGE LIABILITY IS SPECIFIED, (6) UNDER DIVISION (A) OF PARAGRAPH I, TO LIABILITY FOR WHICH INSURANCE IS AFFORDED UNDER DIVISION (S; OF PARA GRAPH i , Date of Issue -- o lC) UNDER DIVIf.il:-: (A, QF .1 `c r- i . "r. ANY hoisting of LCWER1WC DEVICE TED FETWEFM: r: or -s of LANDINGS AT T-'E r REM i SEC . C' H-iY i i U L l m N 0 c. > HEREOF INC LUDivG A :Y OAF, PLATFCRM. SHAFT. HO 1 ST/YAY, stairway. RUNWAY, POWER Changes affecting insurance afforded by The Travelers Insurance Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Indemnity Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Fire Insurance Company are executed for that Company only. The Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company C-444X MIKTCO IN U.S.A. PAGE 4 2 Effective from------- JUNE 2B^.154.--------- Amending Pnliripw niimhtrwlRSLG- >910914 At 12:01 A. it. Stwdud Tine Issued ^ SOUTHERN ALKALI CORPORATION________________________` It is agreed that as of the effective date hereof these Policies are amended in the following particulars: EQUIPMENT AND MACHINERY, OTHER THAN (I) SUCH DEVICE OR APPLIANCE WHILE USED IN STRUCTURAL ALTERAT1ONS,,NEW CONSTRUCTION OR DEMOLITION OPERATIONS, (2) A HOIST OUT SIDE A BUILDING- WITHOUT A PLATFORM OR MECHANICAL POWER, (3) A CONVEYOR OR ESCALATOR USED EXCLUSIVELY FOR CARRY ING PROPERTY, AND (4) A DUMB-WAITER USED EXCLUSIVELY FOR CARRYING PROPERTY AND HAVING A FLOOR AREA OF NOT MORE THAN NINE SQUARE FEET, (D) UNDER DIVISION lA) OF PARAGRAPH I, TO OPERATIONS PERFORM ED BY INDEPENDENT CONTRACTORS AND OMISSIONS OR SUPERVISORY ACTS OF THE INSURED IN CONNECTION WITH WORK PERFORMED FOR THE NAMED INSURE: BY MvDn-n.' CLP-| ,X'iU S, OTHER THAN MAINTENANCE AND ORDINARY ALTERATIONS AND REPAIRS ON PRE MISES OWNED OR RENTED BY THE INSURED, (E) UNDER DIVISIONS (A) AND (B) OF PARAGRAPH I, TO LIABILITY ASSUMED BY THE INSURED UNDER ANY CONTRACT OR AGREEMENT, 1C Date of Iuut Changes affecting insurance afforded by The Travelers Insurance Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Indemnity Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Fire Insurance Company are executed for that Company only. The Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company Effective from. JUNE-28,1946 Amending At 12:01 ATit.^Uodud Tim* Issued to---------------SQUTHSRN-AIKAL4 CARP-ORATION It is agreed that as of the effective date hereof these Policies are amended in the following particulars: SUCH INSURANCE AS IS AFFORDED UNDER THE PRODUCTS HAZARDS APPLIES ALSO WITH RESPECT TO ANY ACCIDENT OCCURRING DUR ING THE POLICY PERIOD OUTSIDE OF THE UNITED STATES OF AMERICA, CANADA OR NEWFOUNDLANDP PROVIDED CLAIM IS MADE AND ORIGINAL SUIT iS BROUGHT AGAINST THE INSURED WITHIN THE UNITED STATES OF AMERICA, ITS TERRITORIES OR POSSES SIONS, CANADA OR NEWFOUNDLAND. (D) Date of Issue Changes anectmg insurance afforded by The Travelers Insurance Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Indemnity Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Fire Insurance Company are executed for that Company only. The Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company Countersigned by. I Bfi 0016396 Effective from---- --28/ I 946----------------- Amending Policies mimhinw! RSLG" I 9 j 09 i 4 , At 12:01 A. II. Studud Time Issued + SOUTHERN ALKALI CORPORATION It is agreed that as of the effective date hereof these Policies are amended in the following particulars: "OCCURRENCE" ENDORSEMENT THE WORDS "AND CAUSED BY ACCIDENT" AGE A, 30DILY INJURY LIABILITY AND DENT" ARE ELIMINATED FROM COVERAGE TY. ARE ELIMINATED FROM CCVER7HE WORDS "CAUSED BY ACCI- PROPERTY DAMAGE LiABILI THE WORD "ACCIDENT" WHEREVER IT APPEARS IN THE POLICY OR IN ENDORSEMENTS MADE A PART OF THE POLICY IS AMENDED TC READ "OCCURRENCE". THE WORD "OCCURRENCE" MEANS AN ACCIDENT,, OR A CONTINUOUS OR REPEATED EXPOSURE TO CONDITIONS, WHICH RESULTS IN INJURY DURING THE POLCY PERIOD. ALL DAMAGES ARISING OUT OF SUCH EXPOSURES TO SUBSTANTIALLY THE SAME GENERAL CONDITIONS SHALL EE CONSIDERED AS ARISING OUT OF cm; OCCURRENCE. THE POLICY DOES NOT APPLY TO INJURY INTENTIONALLY CAUSED BY THE INSURED. (E: Date of Issue Changes affecting insurance afforded by The Travelers Insurance Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Indemnity Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Fire Insurance Company are executed for that Company only. Thb Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company t, ... (b) Elevators SEE SCHEDULES 2945 (c) Independent Contractors--Let or Sub-let Work C'-su r.S! PROTECTIVE i. ' i*: L ; " V 1 -V ! Lf C ACE)- c:.!CTr.LC^ K-'. Z?:S.-' (d) Products (Including Completed Operation*) (e) Contractual Minimum Premiums: Coverage A S Coverage B $ Date of Issue 3148 03461 PRINTED IN U.S.A. Number Insured Per Elevator 25.76 Cost Sales Per tlOQ of Coat i V t) Per *1000 of Soli u i: \ i <!C Number Insured Per Contract oc, 'f \r: /` C ' - Total Advance Premiums It ! BB 0016398 1 .,. ............ v ^ - . Mnt.^iftAVtLtKa ,.. -A ,,v -;.-^-s Declarations v* Schedule -*' ' 'Sv"/*J ^ 1s>T ,'.* o OPERATIONS Description of Haxsrds Y Liability Policy Nmwt^^p^l, frL fo f fitn 4 Cods No. Premium Beret (C) Rata 1 Covrmp. A Cwnffl (c) Advance Premiums CovsweA Comm > SALT, BORAX OR POTASH PRODUCING OR REFlNING-(DRI VING OF WELLS, PUMPING OR MINING TO BE SEPARATELY R;;TEU. ) 2--6S- 42 >L , - CARPENTRY-N.O.C. 3* 57 .C7 < 0. 1.' 15.31 CONCRETE CONSTRUCT ION-N.0U C.-!NCLUDIN FOUNDATIONS, MAKING, SETTING UP OR TAKING DOWN FORMS, SCAFFOLDS, FALSE WORK OR CONCRETE DISTRIBUTING APPARA- CACTUS.-{EXCAVATION, PILE DRIVING AND ALL 'A-'WORK. IN SEWERS, TUNNELS, SUBWAYS, CAT -SONS OR COFFER-DAMS TO BE SEPARATELY RATED.) E2! * --* L ^ ELECTRICAL WlRIN3-WITHIN BUILDI MGS-IN CLUDING INSTALLATION OR REPAIR OF F!Y TORES OR AFPLIANCES-(INSTALLATION OF ELECTRICAL MACHINERY OR AUXILIARY AF- P m ATUS TO BE SEPARATELY RATED.)-IN CLUDING DRIVERS1 AND CHAUFFEURS1 HELPERS. 5|C,Q 4* .oCIu-. O. EXCAVATION-FOR CELLARS OR FOUNC-AT : CMS or EL ' LC I NGS s BP., SGES ret A 1 M ; M G ALLS CR DAMS-INCLUDING ROCK - [ FXCAVA- TiOh IN CONNECT 1 ON WITH STREE7 CR ROAi CONSTRUCT! OK* OR TUNNELING TO BE SEPAP.A TELY RATED)-INCLUDING DRIVERS1 WJD CHAUr^El-FS* HELPERS. 34-u * 44 ; oc t; m: 7. St GE'AC'I3 OF LANO-N.O.C.-INCLUDING ':0 = - RO'V'VG, PILLING, CR BACK-FILL ING-NO Lr f * i 4 or excavation,, r- : ,^r( TREE7 CR ROAD COYS7-UCT:Oft Or Tie K t C i TG r.CLUD IMG DRIVERS' A';! C">L-- FEUT:.' HELPERS. c. !-.r-N OR STEEL r.riECT ' jM-ft A". C. f/ri^-, _ 0 C. 00 . 7j IS. 07 0. r. S T;^,' I. T - !K r ITT | I'; - :?'{".L;.E I -'ECT ! CXj Shop AND .aET/-.II ' ' _ - ' r 1 -1 . \L,LUl^` I . I \'C . r f- 1 OPT HELPERS s. * L r. L. C1 Date of Issue '1* ` -: \C 2945 C-260Q p*fNTte i* u,$.a. Total Advance Premiums I BS 0016J99 n- clarati ns -;?v v ,\ 7*,, IIU i t\A*vy LL.i_r\^ SchcdultLiability Policy Numb^asillygn t D9 U Description of Haierds Code No. Premium Bates lUtef * Covrftg# A CovfB.B Advance Premium* Coy.rags A Cwwfm B SHEET METAL WORK ERECTION, INSTALLA TION OR REPAIR N.O.C.-SHOP AND OUTSIDE- GALVANIZED IRON, SHEET IRON, CORRUGAT ED IRON, TIN OR COPPER-(ROOFING TO BE SEPARATELY RATED)- INCLUDING DRIVERS* AND CHAUFFEURS* HELPERS., 5536 (C) i,COO. (c) .166 1.68 STEVECORING-N.C'.C. 7309 500 . 49C 2.45 CLERICAL OFFICE EMPLOYEES*N.0.C. 3485 75,000 .OiE 1.25 , ^."vt SALESMEN, COLLECTORS OR MESSENGERS- OUTSIDE. 3484 BRINE LINE OPERATION AND MAINTENANCE RATED AS- GAS PIPE LINES-CPERATION-N.O.C.-IN CLUDING MAINTENANCE-(CONSTRUCT I ON, OP ERATION OF WELLS OR OIL REFINING TO EE SEPARATELY RATED) -1 NCLUD i N C DRIVERS AND CHAUFFEURS' HELPERS* 7505 15,000. . 0! , .000 2.256 2.25 M I N ! MUM < 42 5 22.56 85.00 ELEVATORS NUMBER PER INSURED ELEVATOR FACTORY ELF VATORS-NOT CNE-P"0:<Y, #102 I 20.96 LOCATED IN ASH STORAGE BUILDING 20.96 FACTORY ELFV/-J0R3-N0T ONE-STORY. ;"!023 LOCATED IN PROCESS BUILDING 20.96 20,36 I UN- L!"T RATED AS* K-.'^CRY ELEVATCRS-MCT Of'c-STf-Y. ,/ I C >3 LOCATED 'M ^.v.CfFC rUILC-M? (SOUTI W.ALi. ) 20.96 20,96 ruu: l 'Pi :,g- F A C T 0 A:' I; L 'C > T C : l OC. ,Tj [ iA S* L " I (VEST ,;.U) A `< : ; ! HV.c *Jf\ QiC CL/ r, ^/C Date of Issue 2945 C-2600 fniNTto in u.s.a. Total Advance Premiums | BB 00)6400 1 LOCATED IN CALC I K ! NG 51! I LD l AG (NORTH WALL) FACTORY ELEVATORS =NOT ONE-STOGY. L 3ATED IN CENTER VERTICAL KILN B i LD 1NG. or Date of Issue 2945 Total Advance Premiums Effective from_ 3XKP0SIT PREMIUM EKDGRSEMEHT JUNE 281 946_____ Amending Policies numbered.. B8Jn8**,l9J 0914; At 1141 A. M. Standard That Issued ^ SOUTHERN ALKALI CORPORATION' It is agreed that as of the effective date hereof these Policies are amended in the following particulars; 1721 (133) Date of Issue The deposit premium stated in Endorsement 3322 is the sum of 2671.85 a percentage of the annual audited premium^aadj> 166.14 the flat charge premium payable in advance* AND ^ 98.10 ANNUAL AUDITED PREMIUM. Paragraph 4 of Endorsement 3322 applies only with respect to that part of the deposit premium vhioh is a percentage of the annual audited premium. 7-9-46 #1977 Changes affecting insurance afforded by The Travelers Insurance Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Indemnity Company are executed for that Company only. Changes affecting insurance afforded by The Travelers Fire Insurance Company are executed for that Company only. The Travelers Insurance Company The Travelers Indemnity Company The Travelers Fire Insurance Company Saretery, Cempaualvm and LioMity Dipt. C-444X miimt in Countersigned by. Secretary | BB 0016402 | OVERTIME REMUNERATION ENDORSEMENT It is agreed that: 1. If the Employer's books are maintained so as to show separately, by employee and by classes of work covered by the Policy, (a) the remuneration earned at regular rates of pay for total hours worked, and (b) extra remuneration earned for overtime the remuneration upon which premium for the Policy is based shall include all remunera tion specified in subdivision (a) foregoing and shall not include any of the remuneration specified in subdivision (b) foregoing, 2. If the Employer's books are maintained so as to show separately, by employee and by classes of work covered by the Policy, (a) the remuneration earned at regular rates of pay for those hours worked when there is no overtime, and (b) the remuneration earned at regular rates of pay and for overtime for those houra worked when there is overtime the remuneration upon which the premium for the Policy is based shall include all remuneration specified in subdivision (a) and two-thirds of the remuneration specified in subdivision (b) foregoing. 3. "Overtime" means those hours worked when there is an increase in rate of pay because of holidays, Saturdays, Sundays, the number of days worked in any one week, or the number of hours worked in any one day. This endorsement is executed by The Travelers Insurance Company as respects insurance afforded by that company only; it is executed by The Travelers Indemnity Company as respects insurance afforded by that company only. The Travelers Insurance Company The Travelers Indemnity Company FCo-Mrm15WCf-i4iintb iH u.jj, <a-tj-46 Secretary | BB 0016403 | (1) la lieu of the payment in advance of the entire advance premium stated in this Policy, the Employer or Insured shall pay upon delivery of this Policy the sum hereinbefore expressed and hereinafter known as the deposit premium. (2) A date three calendar months after the date upon which this Policy Period begins shall be known as the first adjustment day and the corresponding date of each successive third month thereafter, including the date of the expiration of this Policy Period, shall be known as adjustment days. (3) Upon the first and all succeeding adjustment days there shall be a further premium im mediately due the Company when determined either by audit, as provided in the Policy, or by written statement to be furnished by the Employer or Insured upon written request exhibiting the basis for premium computation as set forth in the Policy. The acceptance of such a state ment of premium basis by the Company or the receipt of premium thereon shall not operate as a waiver of the Company's right to audit the books of the Employer or Insured as provided in the Policy. (4) The deposit premium shall be applied to the last quarterly settlement only. The pro visions of this endorsement shall apply to any extension of this Policy Period. _ TWs endorsonent is executed by The Travelers Insurance Company as respects insurance afforded by that Company only; it is executed by The Travelers Indemnity Company as resoects insurance afforded by that Company only. The Travelers Insurance Company The Travelers Indemnity Company Sicrttary, CompciLsaltim ami Liability DtpL U.S.A, 1-18-46 Seentarf It is agreed that the policy does not apply to injury to or destruction of property arising out ' of operations stated in the declarations as subject to this exclusion or out of operations hot described therein which are subject to this exclusion in the company's manual and caused by (1) blasting or explosion, other than the explosion of air or steam vessels, piping under pressure, prime movers, machinery or power transmitting equipment, or (2) the collapse of or structural injury to any building or structure due (a) to excavation, tunneling, pile driving, coffer-dam work or caisson work or (b) to moving, shoring, underpinning, raising or demolition of any building or structure or removal or rebuilding of any structural support thereof, while such operations are being performed by the named insured. This endorsement is executed by The Travelers Insurance Company as respects insurance , afforded by that company only; it is executed by The Travelers Indemnity Company as respects^ insurance afforded by that company only. The Travelers Insurance Company The Travelers Indemnity Company ^ Secratoy, Camptmtatien *md Liability Dipt, CaSTS NUNTtp m tj.lju N. & Comprebetulve General--Compctfaemive General--Automobile *.v.. , Secretary | BB 0016405 1 JnjV.VlKr.'l lo JljtTDtni'J trJjll(bt,:<i *>'3^6 ^loaradi nhiwli .lls/U -"'W Mth mb -rails r<tb4'riri*'riutirw 'U;^33. *w -sr^si l*J 'bimjwu jwmvn >d3 * ggfltogT t . - -- ' ' ' -sfe'." '"'' ' ,\ ' /* .. yd bfnueni Hs-ncti srij yd bslwntt ad yEtn yoiIoq *ulT ^.rtpJWMJJIwgTM^ dao -oilWhen used as a premmmbasisdrw i{^Tttoa.b^b^*p^fr^f; e'be'iuenl afteritheiiwuredihasirelinquishefl^wnMMioni^ereofttoothe d* r1) !1tieHwdr3 ^'remunerefiori'^Viall' Incan' the^teibre^mntufefttion -aeui shoandiawayi fromipremj*M"(OWoed^xrenttdToroeltrtilled i)y t! insured or on premise* for which the daSHficationTOtated j 1,1 ^""J^earised'during the policyperiod by all employee* ofthenaraed *S1TM? 8xinared, other than drivers of teams or aiitomobikfciubject'with *e *y-:'Yrespect to each executive officer to a maximum 'ana minimum i` v remuneration of $100 and $30. perivedk, and the remuneration 'l'.~ eachproprietorat a fixed amountof $2,000 per annum^ drvmoa (a) of the declaration* or in the company's manu iti . oikieodudea any part.cf.the foregoing* ,< v-r? (2)i operations,!if the accident occur*cafter *iidh operations ha* Uc.<U v~i.been completed or abandoned at the'piaoe Ofccunenoe there r? and away from premise* owned, vented -<r'^controlled by tl (2) the word "receipts"-shall mean the mom amount of money, in- /insured, except (s) pick-up and delivery,r(b)yheiexistenoe eluding taxes, charged by the named insured for such operations tools, uninstalled equipment and abandoned dr unused materia .... by the named insured or by other* during the policy period at and (c) Operations Ior which the classification stated in divisit ; are rated on a receipt* bans; y::^,Tic-. *ui; 1! 1 (a) at the declaration* or in the cotnpany'a manual spedheal -- - r- *r * ` ` *:'* T-'<5 . (, * ^ ` indudes completed operations; proyided; operations shall not 1 (3^ the word "coat" shall mean the total coat of till operations per- deemed.incomplete;-becauae improperlyior defectively pe . . formed, for the named insured during ;the policy ^period by 4 formed or bemuse further operation* may be required pursuai independent contractor* on each separate project, including L ii: j;to a service orimaintenance agreement, v beyis-# adyoil ^ L;"` ., materials uaed or delivered for - use, except maintenance or " J ordinary alterations and repair* bn premises owned or rented tpineni jSS^tSS] io. oaa&qanoa ytl ,T I `jT v1i'I.Vf sin . .(d) Aan-rlt-Vaord, JBLeKttibeiyz.zr.tAftsrsilavurlti and baWtteiroy.qjSrhiarUll /bret-de'em< acwdent unless ^renmirirdJ)yjfjgtj{he^ljrc^tjon ^theinsure ,! S-' (4)1the'^rord**'s*lesH iiulPmeinV^'gnJM 'ambrmt'bf money, in' tin . eluding taxes, 'dunged for all goods snd products sold or dis- tribtittd doriaj the policy period by the named insured or by -n rnj^otjiers trading underTub name.'"" ` --n - V \~rJ Vi V, iivzi Irrvrvy TO wgltfiot.* yd *ndWW*tb'5rlt lo'noitvjq 7. Limit* of LleWllty.'' TThe iudttsion heridn of more than one insurt shall not operate to increase the limits of the company's liability. : v.'j.'-.l rrsjatnj :o '.a^ira-nnuK .Jn^inngii,- ,r, i.iunn. - : < : The named insured shall maintain for each hazard records of the.information necessary for premium computation on the basis stated in the declarations, and shall send copies of such records to - the company at the end of the policy period and at such rimes during the policy period as the company may direct, 8. Limits of Liability?The#limit t^bodily mjury ^iabnity3 stated i CovsraosA the declarations as applicable to "each pei eon"-is the limit of the company's liability for.all damages, includir, damages for care and loss of,services, .arising out of bodily injun sickness or disease, including death at any time resulting tberefron sustained by one person in any one accident; the limit ofsuch liabil ty stated in the declarations as applicable to "each accident" i 2. Inspection end Audit. The company shall be permitted to subject to the above provision respecting each person, the tot inspect the insured premises, operations and elevators and to examine limit of the company's liability for all damages, including damagi . _ ana audit the insured's books and records at any rime during the for care and loss of services, arising out of bodily injury, sickness c ~ policy period and any extension thereof and within one year after disease, including death at any time resulting therefrom, sustained b the final termination of this policy, as far as they relate to the two or more persons in any one accident. 1 ' premium bases or the subject matter of this insurance. 3. Notice of Accident. When an accident"occurs written'notice . 9. Limit* of Liability. - The limit'of property, damage liability state Cowsgs S in the declarations as "aggregate operations shall be given by or on behalf of the insured to the company or any is the total limit of the company's liability for all damages arisin of its authorized agents as soon as practicable. Such notice shall out of injury to or destruction of property, including the loss of us contain particulars sufficient to identify the insured and also reason. . ably obtainable information respecting the time, place and circum stances of the accident, the names ana addresses of the injured and ' of available witnesses. thereof, caused by the ownership, maintenance or use of premise or operations rated upon a remuneration premium basis or by cor tractors' equipment rated on a receipts premium basis. The limit of property damage liability stated in the declaration as "aggregate protective" is the total limit of the company's liabilit 4. Notice of Claim or Suit If claim is made or suit is brought for all damages arising out of injury to or destruction of property against the insured, the insured shall immediately forward to the including the loss of use thereof, caused by operations performed fo company every demand, notice, summons or other process received the named insured by independent contractors or omissions or super by him or his representative. visory acts of the insured in connection therewith, except mainte nance or ordinary alterations and repairs on premises owned or rente* x 5. Assistance end Cooperation of the Insured. The insured shall by the named insured. cooperate with the company and, upon the company's request, shall The limit of property damage liability stated in the declaration attend hearing* and trials and shall assist in effecting settlements, as "aggregate contractual" is the total limit of the Company's liability securing and giving evidence, obtaining the attendance of witnesses for alTdamages arising out of injury to or destruction of property and in the conduct of suits. The insured shall not, except at his own including the loss of use thereof, with respect to each contract. cost, voluntarily make any payment, assume any obligation or incur any expense other than for such immediate medical and surgical relief to others as shall be imperative at the rime of accident. These limits apply separately to each project with reaped t< operations being performed away from premises owned or rented b> the named insured. 6. Definitions, (a) Contract. The word "contract" shall mean a warranty of goods or products or, if in writing, a lease of premises, easement agreement, agreement required by municipal ordinance, sidetrack agreement, or elevator or escalator maintenance agree ment. (b) Automobile. The word "automobile" shall mean a land motor vehicle, trailer or semitrailer, provided the following described equipment shall not be deemed an automobile except while towed by or carried on a motor vehicle not so described: any crawler-type tractor, farm implement, farm tractor or trailer not subject to motor vehicle registration, ditch or trench digger, power crane or shovel, grader, scraper, roller, well drilling machinery, asphalt spreader, concrete mixer and mixing and finishing equipment for highway work, other than a concrete mixer of the mix-in-transit type. (c) Products Hazard. The term "products hazard" shall mean (1) the handling or use of, the existence of any condition in or a warranty of goods or products manufactured, sold, handled or distributed by the named insured, other than equipment rented to or located for use of others but not sold, if the accident occurs , > 10. Limib of Liability--Product*. The limits of bodily injury lia bility and property damage liability stated in the declarations a: "aggregate products" are respectively the total limits of the com pany's liability for all damages arising out of the products hazard All such damages arising out of one prepared or acquired lot of good: or products shall be considered as arising out of one accident. 11 Other Insurance, If the insured has other insurance against loss covered by this policy the company shall not be liable under thi; policy for a greater proportion of such loss than the applicable limit of liability stated in the declarations bears to the total applicabk limit of liability of all valid and collectible insurance against such loss. 1 2. Action Against Company. No action shall lie against the com pany unless, as a condition precedent thereto, the insured shall have fully complied with all the terms of this policy, nor until the amount of the insured's obligation to pay shall have been finally determined cither by judmnent against the insured after actual trial or by written agreement of the insured, the claimant and the company. (Continued on Pas* 4) riroo^uobj 3* -* Any person or organization or the legal representative thereof who has neared such judgment or written agreement hah thereafter be entitled to recover under this policy to toe extent of the insurance afforded by this potjey. Nothing contained in this policy shall give any person or organization any right to join the company as a oo-defendant in any action against the insured to determine the insured's liability. Bankruptcy or insolvency of the insured orof the insured'* estate shah not relieve the company of any of its obligations here* . . under. 4- '. ' V`je' , 1 3. Subrogation. In the event of any payment under this policy, the company shall be subrogated to all the insured's rights of recovery therefor against any person or organization and the insured shah execute and deliver instruments and papers and do whatever else is necessary to secure such rights. The insured shall do nothing after loss to prejudice such rights. 14. Changes. Notice to any agent or knowledge possessed by any agent or by any other person shall not effect a waiver or a change in any part of this policy or estop the company from asserting any right under the terms of this policy; nor .shall the terms of this policy be waived or changed, except by endorsement issued to form a part of this policy, signed by the President, a Vice President, Secre- ' tary, Assistant Secretary of the company, or a Registrar specially authorized; provided, however, changes may be made in the written portion of the declarations by a manager or general agent of the .. * company when initialed by such manager or general agent, . 1 5. Assignment. Assignment of interest under this policy shall not bind the company until its consent is endorsed hereon; if, however, the named insured shall die or be adjudged bankrupt or insolvent within the policy period, this policy, unless canceled, shall. If written notice be given to the company within sixty days after the date of such death or adjudication, cover the named insured's legal repre sentative as the named insured, 16. Cancelation. '* This policy may be canceled by the named insured by mailing to the company written notice mating when thereafter such cancelation shall be effective, j This policy may be .canceled by the ' ' company by mailing to the named insured at .the address shown in . this policy written notice stating when not less than five days there'V' after such cancelation shall be effective. '1 The matling"qf notice as ' aforesaid shall be sufficient proof of notice and the effective date and hour of cancelation stated m the notice shall become the end of the policy period. Delivery of such written notice either by the named insured or by the company shall be equivalent to mailing. - If the named insured cancels, earned premium shall be computed in accordance with the customary short rate table and procedure. If the company cancels, earned premium shall be computed pro rata. Premium adjustment may be made at the time cancelation is effected and, if not then made, shall be made as soon as practicable . after cancelation becomes effective. - The company1s'check or the check of its representative mailed or delivered as aforesaid shall be a sufficient tender of any refund of premium due to the named insured. 17. Declarations. By acceptance of this policy'the'-named insured . agrees that the statements in the declarations are his agreements and representations, that this policy is issued in reliance upon the truth of such representations and that this policy embodies all agreement* existing between himself and the company or any of its agents re lating to this insurance. In witness whereof. The Travelers Insurance Company hai caused (his policy, with respect to Coverage A and sedi other pertt of the policy es are applicable thereto, to be signed by Its President and s Secretary at Hartford, Connecticut, and countersigned on the declarations page by a duly authorized agent of the compahy. .St&Oary, Compensation and Liability Dept President In witness whereof. The Travelers Indemnity Company has causad this policy, with respect to Coverage B and such ether parts of the policy applicable thereto, to be signed by It* President and a Secretary at Hartford, Connecticut, and countersigned on the declarations paga by a duly authorized agent of the company. WUa- Secretary C-M47W Ed. Feb. IMS President fc a* t--. `-T*** ft'*--., r` - s' -** *TM *-* r- ! r 4 I BB 0016407 I