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GLD052556
0049-GLD-000052556
Excess Liability Policy
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THE HOME INSURANCE COMPANIES
BUSINES^UTOPOUCY
w o r k e r ^^^^^^^^^^ic y
PERSONA^PROPERT^FLOATER
GOL^CEYMJOMEOWNERS POLICY
_COMK'
EXCESS CASUALTY
BUILDERS' RISK
GOL^KEYWVUTOMOBILE POLICY
FIRE POLICY
YACHT MASTER POLICY
OIL LEASEPROPERTY.....................................................................
b u s in e s ^w n e r ^^o u c ^^^^^p r o f e s s io n a iTia b il !t ^^TM^o c ea ^ma r in e p o i
GARAGE POLICY
GOLD KEY' BUSINESS OWNER'S POLICY
OWNERS', LANDLORDS' AND TENANTS'
INSTALLATION FLOATER
ELEC*
ELECTRONIC DATA PROCESSING POLICY
EXCESS CASUALTY
ENVIRONMENTAL IMPAIRMENT LIABILITY
BOILER AND MACHINERY POLICY
CONDOMINIUM PACKAGE POLICY
INLAND MARINE POLICY
BLANKET CRIME POLICY
MARINA PACKAGE
DIFFERENCE IN CONDITIONS PO
INDUSTRIAL POLICY CUSTOM COVER*' POLICY
MANUFACTURER'S AND CONTRACTOR'S L1ABI
BOAT DEALERS POLICY
MONEY S SECURITIES PO
HOSPITALITY POLICY
GROUP ACCIDENT PLANS
COMPREHENSIVE
COMPREHENSIVE GLASS POLICY
BAILEES CUSTOMERS POLICY
APART!
APARTMENT OWNER'S POLICY PROTECTION AND INDEMNITY MONEY & SECURITIES
VALUABLE PAPERS AND RECORDS
INSTITUTIONAL POLICY
GL'
ENVIRONMENTAL IMPAIRMENT LIABILITY
GOLD KEY** BUSINESS OWNER'S PO
GLD052557
0049-GLD-000052557
Declarations
Excess Liability Policy
Policy Numoer
HXL- 1 3 91 94
Insured by the Stock Company checked below and heralnsMsr called the Company
The Home Insurance Company
a Manchester. New Hampshire The Home Indemnity Compeny
Manchester, New Hampshire
City Insurance Company Short Hills, New Jersey
I I TThhe Home Insurance Company
I___1 ooffItndisne, Indianapolis. Indiana
TownItem 1. Named Insured and Mailing Address (No. Street. or Cfty. County. State Zip Cooel Producer Name
SCM Corporation
Marsh & McLennan, Inc.
299 Park Avenue New York, N.Y. 10171
Policy Period From (Mo-Oay-Yr)
To (Mo-0ay-Y0
1-1-85
1-1-86
12:01 A.M. Standard Tim at the address of the Named insured.
Item 2. Policy Premium
Policy Minimum Premium
s 15,000.
s 40.
Rate
In Advance
1st Anniversary
2nd Anniversary
Flat Charge______ S $ s
kern 3. Limits ot Liability
.
The Company's liability under this policy shall not exceed the following Limit:
$15,000,000.
30 Percent of the ultimate Net Loss in excess of all underlying insurance but for no greater amount than:
-
* 15,000,000. $ 15,000,000
Each Occurrence Annual Aggregate as defined in the First Underlying Insurance Policy
Item 4. Schedule of Underlying insurance
First Underlying Insurance Policy:
Carrier. Policy No. and Term
Wausau Insurance Company lo Be Advised 1-1-85 - 86
Other Underlying insurance:
Various Carriers as on file with the Company
Applicable Limit
5 5,000,000. s5,000,000.
Applicable Limit
s 94,000,000.
Each Occurrence Annual Aggregate (where appiicaoie)
Each Occurrence
$ 94,000,000.
Annual Aggregate (where applicable)
SuDjeci to forms attacned hereto letyer lorm number and edition dates) H35Ig9F"Ea;7^3;''li223g(lFH Rev. 11751
Endorsement Nos. 1 & 2), H35591F Ed.9-83___________
(Do Not Write Below This Une)....
..........
Do Not Write In This Box
H 35268 f- Ed.5-83
Countersigned at
New York, NY /tAuthorized Representative Signature
Issue Date
2-28-85 em
Countersign Date
Insured's Cor
GI.D05255B
0049-GLD-000052558
Non-Premium Endorsement
issued ty The Home Insurance Company O City Insurance Company
Oate Prepared
2-28-83
CH
Endorsement No.
1
n_ ,, . . . ,, The Home Indemnity Company
i--| The Home Insurance Company LJ 0f Indiana
91 94 Certificate Number
Named insOred
,
SUM Corporation
Producer
Marsh & McLennan, Inc.
Policy Period: lncetiot^(Mg#vDay-Year)
_Expijalio^ (M^h-Day-Year) ' - Effect!^ D^te |^Time of Endorsement
It is agreed that this policy is hereby amended as indicated. All other terms and conditions of this policy remain unchanged
This policy shall not apply to ultimate net loss 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 the land, the atmosphere or any watercourse or body of water.
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___________________
Signature of Authorized Representative
H223oo f h is) Rev. > 1/81
insured Copy
The Home Insurance Companii
GLD052559
0049-G LD-000052559
Non-Premium Endorsement _______
issued by PH The Home Insurance Company
O City Insurance Company
Date Prepared 2-28-85
Endorsement No.
2
., . . ,, _
n The Home Insurance Company
The Home Indemnity Company LJ of Indiana
Policy Number
Certificate Number
HXL 1 63 91 94
Producer
Marsh & McLennan, Inc.
Named insured
SCM Corporation
Producer No. - OPC
: 50167-081
Policy Period;
Inception (Month-Day-Year)
1-1-85
Expiration (Month-Day-Year)
1-1-86
Effective Date and Time of Endorsement
1-1-85
it is agreed that 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 words "thirty (30) days" in line 8 of Condition N*, is hereby deleted and are replaced by the words "sixty (60) days".
Signature of Authorized (Representative H22300 Fh (S) n.v 11/St
Insured Copy
The Home Insurance Companies
GLD052560
0049-GLD-000052560
. THE HOME INSURANCE COMPANIES
Amendatory Endorsement--New York
Excess Liability
The following information la required only when this endorsement Is Issued subsequent to preparation of policy.
Named insured
SCM Corporation
Effective Date
1-1-85
Endorsement Number
3
Policy Number
HXL-l 63 91
if is agreed that the conditions section is amended to read, in part, as follows:
A. Condition 3. (Notification of Accidents or Occurrences) is deleted and the following substituted:
3. Notice of Occurrence Whenever the Insured has information from which the Insured may reasonably conclude that an occurrence covered hereunder involves injuries or damage which, in the event that the Insured be held liable, is likely to involve this Policy, notice shall be given by or on behalf of the Insured to the Company or any of its authorized agents as soon as practicable, provided," however, that failure to give notice of any occurrence which at the time of its happening did not appear to involve this Policy but which, at a later date, would appear to give rise to claims hereunder shall not prejudice such claims.
B. Condition 6. (Bankruptcy and Insolvency) is hereby added to the policy.
6. Bankruptcy and Insolvency In the event of the bankruptcy or insolvency of the Insured or any entity comprising the Insured, the Company shall not be relieved thereby of the payment of any claims hereunder because of such bankruptcy or insolvency.
It is further understood and agreed that the following provisions are hereby added to the policy:
1. It is agreed that where there is a judgement against the Insured or. his personal representative in an action brought to recover damages for injury sustained or loss or damage occasioned during the life of the policy, . which remains unsatisfied at the expiration of thirty days from the serving of notice of entry of judgment upon the attorney for the Insured, or upon the Insured, and upon the Company, then an action may, except during a stay or limited stay of execution against the Insured on such judgment, be maintained against the Insured under the terms of the policy for the amount of such judgment not exceeding the amount of the applicable limit of coverage under the policy,
2. It is agreed that the Company shall secure the consent ot the Insured in settlement or satisfaction of any claim or suit.
3. It is hereby understood and agreed that, notwithstanding anything in this policy to the contrary, with respect to. such insurance as is afforded by this policy, the terms of this policy as respects coverage for operations in the State of New York shall conform to the coverage requirements of the applicable insurance laws of the State of New York or the applicable regulations of the New York Insurance Department; provided, however, that the Company's limit of liability as stated in this policy shall be excess of the limits of liability of any underlying insurance or self-insurance as stated in the Declarations or in any endorsement attached hereto.
Authorized Representative
Page i of
Insured's Copy
GLD052561
0049-GLD-000052561
Non-Premium Endorsement________
Issued by GO The Home Insurance Company
O City Insurance Company
Dale Prepared 6-17-85 lyl
Tlie Homo Indemnity Company
" Conw
Endorsement No. 5
Policy Number
Certificate Number
Named Insured
HXL 163919*
Producer
SCM Corporation
Producer No. OPC
Marsh & McLennan, Inc.
50167-081
Policy Period: inception (Month-Day-Year) 1-1-85
Expiration (Month-Pay-Year)' 1-1-86
Effective Date and Time of Endorsement
1.-1-8 5
It is agreed that this policy is hereby amended as indicated. All other terms and conditions of this policy remain unchanged.
Following Form
It is understood and agreed that exo^et only with respect to policy period, premium and limit of liability this policy is hereby amended to follow all the terms, conditions,' definitions and exclusions of the first layer Umbrella :(Employers of Wausau, Pol.# 573600102570) and any endorsements attached thereto, and all renewals and replacements. It is further agreed that all preprinted terms and conditions hereon are deleted to the extent that they vary from or are inconsistent with terms and conditions of the first layer Hartford Umbrella.
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Signature of Aulhoteed Representalive
M223oo f h is) ho v n/8!
insured Copy
The Home insurance Companie
GLD052562
0049-GLD-000052562
General Purpose Endorsement
Issued By The Home Insurance Company
City Insurance Company
i Pa
9
EndonementNa
The Home Indemnity Company Je HTMe lnsurance
Policy Number
Certificate Number
HXL 163 91 94
Producer
Marsh & Mfi]Lennan Inc.
inception (Month-Day-Year)-
Policy Period:
1-1-85
Named Insured
SCM Corooration
Expiration (Month-Oay-Year)
1-1-86
Producer No. OPC
.. 50167-081
Effective Date and Time of Endorsement
4-29-85
it is agreed that this policy is hereby amended as indicated. All other terms and conditions of this policy remain unchangec
Pertaining to cancellation of policy effective date amended to read 3-31-85 in lieu of 4-29-85. Return premium amended to read $11,342. in lieu of $10,151*
Further Return premium to correct $1191.00
O Continued on Page 2
Additional Premium Return Premium
Total Additional Premium
Total Return Premium
1191.00
Pro Rata Of Pro Rata or Short Rate of
Additional Premium Due at Endorsement Effective Dr Return Premium Due at Endorsement Effective DaU
Premium Adfustments if the Premium is Payable in Installments or Cycle Billing:
Dates Due
Present Installment
Increase
S$
s$ s$
s$
s$
$S
t $-
$s Ss
$s
$s
ss
Signature of Authorized Rpphrsertative...........
Decrease
$ S s
s
s
s
s
$ s $ s
$
Revised installment S $ s
s
$ $ $ s s $ $ $
mi
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The Home insurance Companic
Insured Copy
GLD052563
0049-GLD-000052563