Document GmXKGRYK8b3rmxvN525630O47

/V \ < ii; 0049-GLD-000051525 pROOJcr ** Cv NYK 319*920 NAME AND LOCATION MARSH& MCLENNAN XLX-130 17 293-80PREVIOUS POLICY NUMDER XLX 120 27.30 POLICY NUWeCR BLANKET EXCESS LIABILITY POLICY (FOLLOWING FORM) 01 Coverage is provided ift the Company designated by number, o stock insurance Company {herein called me Company/ DECLARATIONS r SCM CORPORATIONITEM 1. INSURED'S NAME ANO ADDRESS <NO.. STREET. TOWN. COUNTY. STATE I 1 7T\y\*) .T-; w ` * f ^ V .* 299 PARK AVENUE NEW YORK, NEW YORK / i. 2>, FIREMAN'S FUND INSURANCE COMPANIES MAIL AOCR6SS SAN FRANCISCO CALIFORNIA lf'(V L<^ S-t 01 FIREMAN'S FUND ' INSURANCE c o mp a n y SAN fMNOSCO. CA1JFORMA 18 THE AMERICAN INSURANCE COMWWV ftABSlPPANV NEW JCBSEV 07 NATIONAL SURETY CORPORATION, CMCAQO ILLINOIS L POLICY PERIOD; - ' it -..{> _J ITEM Z-- 1-1-78 1-1-79 INCEPTION (MO. DAY Yfl.) EXPIRATION (MO. DAY Yft.) I3i0t A.*.. 1TANOAAO TIM BAT THE AOO*E* OP THE NAMED INiUHfO AS STATED HEREIN. ITEM 9. ITEM 4. ITEM 9. # UMJT OF LIABILITY: S 10,000,000. S 10,000,000. . EACH OCCURRENCE . AGGREGATE UNDERLYING INSURANCE LIMIT OP LIABILITY S 15,000,000. s 15,000,000. . EACH OCCURRENCE . AGGREGATE PREMIUM BASIS PLAT CHARGE ITEM . 25,500.ADVANCE PREMIUM: $ 25,500.ANNUAL MINIMUM PREMIUM: $ IN THE EVENT OF CANCELLATION BY THE NAMED INSUflEO. THE COMPANY SHALL RECEIVE ANO RETAIN NOT LESS THAN $ AS THE POLICY MINIMUM PREMIUM. ITEM 7. SCHEDULE OF UNDERLYING INSURANCE: HARTFORD 5,000,000. 5,000,000.3" C rrmV. > n e ^ Ft-' tit [ PRUDENTIAL REINSURANCE ,, HOME 5,000,000. (. I v- u ) FOLLOWING FORM BLANKET EXCESS LIABILITY POLICY The Company designated above, a stock insurance company, (herein catted the Company) agrees with the insured, named in the declara tions made a part hereof, in consideration oi the payment oi premium and in reliance upon the statements in the declarations and subject to the limits oi liability, exclusions, conditions ana other terms oi this policy: INSURING AGREEMENTS 1. Coverage. To indemnify the Insured lor the Insured's ultimate net loss in excess of the insurance afforded under the Blanket Excess Liability or "Umbrella" policies specified in Item 7 of the Declara tions, hereafter called underlying insurance, in full force and effect at the inception oi.this policy, provided that the insurance for injury to or destniction of property under this policy and underlying policies shall not apply except as respects injury to or destruction policy shall in the event of reduction, apply as excess of the reduced limit oi liability thereunder. Subject to the applicable limit of liabil ity as,respects each occurrence, the limit ol liabtlily stated in the declarations as "aggregate" shall be the total limit of the Company's liability for all damages sustained during each annual period of this policy. 3. Policy Period. This policy applies only to occurrences which take place during the policy period. of corporeal property, including loss of use thereof. Z Limit of Liability. The Company shall be liable only for the limit DEFINITIONS of liability stated in Item 3 of the Declarations in excess of the 'Ultimate net loss" means all sums actually paid, or which the limit or limits of liability of the applicable underlying insurance Insured, is legally obligated to pay, as damages in settlement or policy or policies all as staled in the declarations of this policy. satisfaction of claims or suits for'which insurance is afforded by The limit of the liability stated in the declarations as applicable this policy, after proper deduction ol all recoveries or salvage. to "each occurrence" shall he the total limit of the Company's liability for ail damages sustained as the result of any one occur rence. provided, however, in the event of reduction or exhaustion of the applicable aggregate limit or limits of liability under .said underlying policy or policies solely by reason of losses paid there CONDITIONS 1. Maintenance oi Primary. Insurance. The Insured warrants, and it is a condition of this policy, that at the inception oi this policy, under on account o! occurrences during this policy period, this insurance afforded by the underlying policies of insurance (apply- (Continued en Page Two) COUNTERSIGNATURE DATE A COUNTERSIGNATURE OF AUTHORIZED AGENT 2-3-78 MB {.JiXjCZjLlry 5902--2-72 0049-GLD-000051526 (Continued irom Preceding Page) the isotopes of uranium or plutonium, (2) processing or utilizing spent iuel. or (3) handling, processing or packaging waste, {c) any equipment or device used for the processing, fabricating or alloying ol special nuclear material if at any time the total amount. ol such material in the custody ol the insured at the premises where such equipment or device is located 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, (d) any structure, basin, excavation, premises or place prepared or used for the storage or disposed of waste. and includes the site on whieii any ol the foregoing is located, all Operations conducted on such site and all premises used for such operations; '`nuclear reactor" means any apparatus designed or used to sus tain nuclear iission in a self-supporting chain reaction or to contain a critical mass of fissionable material; With respect to iniury to or destruction of property, the word "injury" or "destruction" includes all forms of radioactive con tamination of property. IN WITNESS WHEREOF. FIREMAN'S FUND INSURANCE COMPANY has caused this Policy to be signed by its President and Secretary but this Policy shall not be valid unless countersigned by a duly authorized Agent of the Company. FINAL PAGE SECRETARY PRESIDENT GLD051527 0049-GLD-000051527 ENDORSEMENT (REVISED) JUN 07 1979#2 "IT IS HEREBY UNDERSTOOD AND AGREED THAT POLICY # XLX "130 17 29 EXCLtJ AUTOMOBILE LIABILITY COVERAGE FOR LEASED VEHICLES OR LEASED BACK VEHICLES WHEN BEING USED FOR PERSONAL USE BY EMPLOYEES AND EMPLOYEES' FAMILIES OR OTHERS DRIVING WITH THEIR PERMISSION. * POLICY NUM8E* XLX 130 17 29 SCM CORP, FIREMAN'S FUND INSURANCE COMPANY THE AMERICAN INSURANCE COMPANY NATIONAL SURETY CORPORATION ASSOCIATED INSEMNITY CORPORATION AMERICAN AUTOMOBILE INSURANCE COMPANY 180009-6-65 SETS INSURED EFFECT 8/1/75 PRODUCER MARSH & MC LENNAN COUNTERSIGNATURE OP AUTHORIZED AGENT (jjuJL It is hereby understood and agreed that the Notice of Cancellation Condition of this policy is amended to read sixty days in lieu of thirty days. RE( MAY 08 POLICY NUMBER CLX 130 IT SCM Corporation FIREMAN'S FUND INSURANCE COMPANY THE AMERICAN INSURANCE COMPANY NATIONAL SURETY CORPORATION ASSOCIATED INDEMNITY CORPORATION AMERICAN AUTOMOBILE INSURANCE COMPANY PRESIDENT PRODUCER 1/1/78 Marsh 8> McLennan 3/28/78 T.C. COUNTERSIGNATURE OF AUTHORIZED AGENT [jxrz/tsr j L>>? GLD051528 0049-G LD-000051528