Document b0VO64EELmpMmepGZro20xjy

N21364 I i 0049-GLD-000052256 LEXINGTON INSURANCE COMPANY Wilmington, Delaware (A Stock Insurance Company) Administrative Oifices: 100 Summer Street, Boston, Massachusetts Named Insured S CM Corporation AddresS: 299 Park Avenue New York, NY 10171 Policy No.:. 55?5?7n Renewal of No.: 5523894 DECLARATIONS -- FOLLOWING FORM EXCESS LIABILITY POLICY SECTION I --EXCESS INSURANCE (a) Policy Period: From: 1/1/84 ' To: l/i/85 12:01 a.m.Standard Time at the Address of the Insured stated herein. (b) Coverage: Excess Umbrella (c) Limits of Liability: See Endt ifl (d) Premium: $29,000 Minimum Premium: n /A Audit Period: n /a Rating Base: Flat Rate: n /A SECTION II -- UNDERLYING INSURANCE (a) Underlying Policy: Hartford Policy No.: T.B.A. Coverage: Umbrella Liability Policy Limit: $9,000,000 XS Primary Policy Period: 1/1/84 to 1/1/85 (b) Total limits of all underlying insurance including the underlying policy in excess of which this policy applies: See Endt #1 Endorsements Made Part of this Policy: Endt 1111,2,3,4 Countersigned On: January 27, 1984 At Boston, Massachusetts 02110 By: Authori 23058 (1/79) GLD052257 0049-GLD-000052257 ENDORSEMENT #1 This endorsement, effective ^11. policy No. 552 5270 issued to SCM Corp. by Lexington Insurance Co. 1/1/84 fQrmj a ^ ^ It is understood and agreed that as respects the Policy Declarations, (Section I -(c) (excess Insurance-Limits of Liability) and Section _ II- (b) (Underlying Insurance-Total Limits of all underlying insurance including the underlying policy in excess of which this policy applies are as follows: ' . (a) $5,000,000 part of $25,000,000 each occurrence and in annual 1 aggregate excess $14,000,000 each occurrence and annual agg regate where applicable excess of primary policies. / (b) $5,000,000 part of $25,000,000 each occurrence and in annual Aggregate excess of $49,000,000 each occurrence and annual aggregate where applicable excess of primary policies. (c) $10,000,000 part of $50,000,000 each occurrence and in annual aggregate excess $99,000,000 each occurrence and annual aggregate where applicable excess of primary policies. (SD:ls:2/6/84) is?.a teuton AUTHORIZED REPRESENTATIVE GLD052258 0049-GLD-000052258 ENDORSEMENT $2 This endorsement, effective 12:01 A. M. policy No.552 5270 issued to SCM Carp By Lexington Insurance Co 1/1/84 fount a pan of The following is hereby added to this policy FOLLOWING FORM WORDING FOR SCM CORPORATION "It is agreed and understood that except only with respect to policy term, premium and limit of liability, this policy is hereby amended to follow all the terms, conditions-,, definitions and exclusions of the first layer Umbrella tInsurer: Hartford, Policy No. TBA) and any endorse ments 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 inconsident with the terms and conditions of the first layer Hartford Umbrella. (SD:ls:2/6/84) GLD052259 0049-GLD-000052259 ENDORSEMENT #3 policy No. This endorsement, effective -552 5270 issued to 12:01 A.m SCM COTp, 1/1/84 by Lexington Insuance Co forms a part of The Broad Form Named Insured wording should be amended to read as follows: "SCM CORPORATION, all subsidiaries, and subsidiaries of the subsidiaries, SCM Foundation, any other company of which it assumes active management and any employer sponsored employee associations or clubs of the named insured and Sylvachem Corporation, and Compania Envasadora Loreto S.A. as joint ventures. <SB:ls 12/6/84) GLD052260 0049-G LD-000052260 ....... policy No. by " ENDORSEMENT U This endorsement, effective 12:01 A. M. 552 5270 issued to SCM Corp. 1/1/84 Lexington Insurance Co. FIDUCIARY EXCLUSION forms o port of It is understood and agreed that this policy shall not provide coverage for claims based upon the Employee Retirement Income Security Act of 1974, Public Law 93-4-06, commonly referred to as The Pension Reform Act of 1974, and amendments thereto, or similar provisions of any Federal State or Local Statutory Law or Common Law, (SD:1s:2/6/84) Fy.rr 180U GLD052261 0049-GLD-000052261 ENDORSEMENT #5 This endorsement, effective policy No. 552 5270 issued to by Lexington Insurance Co. 12:01AM. 1/1/84 SCM Corp -' forms a part of It is hereby understood and agreed -that the notice of cancellation Is amended to read sixty (60) days. All other terms and conditions remain unchanged. (SD:1s:2/6/84) AUTHORIZED REPRESENTATIVE JL GLD052262 0049-G LD-000052262 Marsh&__________________ Maennan Binder mc l --1046 Confirmation SCM Corporation 299 Park Avenue New York, NY 10171 .................................. . ' Marsh A McLennan, Incorporated 1221 Avenue of the Americas, New York, N.Y. 10020 Telephone 212 997-2000 - March 8, 1984 Date - Insured: SCM Corporation, Etal Insured by - Lexington- Insurance Company c/o Midtcmn Risk Specialists 1230 Avenue of the Americas New York, New York Attn:'Brian Muir N? 185754 Amount Rate of Premium - Effective 1/1/84' Expiring 1/1/85 It is hereby agreed that Lexington Policy- No. 552 5270 is reinstated effective March 8, 1984 and that the Notice of Cancellation dated 2/27/84 is rescinded. It is also agreed that there is no lapse in the Excess Umbrella Liability coverage afforded under the policy. W hovo signed binder effecting the foregoing. Pteeee notify the undersigned immediately of changes, if any, you wish to male* in the above arrangements; otherwise, completing documents or premium statement will be prapered end sent to you. _____ Casualty - Diversified Industries GLD052263 0049-GLD-000052263 REINSTATEMENT ENDORSEMENT This endorsement, effective 3/T2/84 _ _M. forms a part of Policy No. 552 5270 issued to: SCM Corporation by THE LEXINGTON INSURANCE COMPANY ' -IT IS UNDERSTOOD AND AGREED THAT THE CANCELLATION NOTICE DATED 2/27/84 - AND IS EFFECTIVE ' 3/12/84 IS RECTNDED AND THAT THIS POLICY IS REINSTATED ' TO FULL FORCE AND EFFECT WITH NO LAPSE IN COVERAGE. GLD052264 0049-GL.D-000052264 REINSTATOCNT ENDORSEMENT Thi9 endorsement, effective 3/12/84 M. forms a part of Policy No. 552 5270 issued to: SCM Corporation by THE LEXINGTON INSURANCE COMPANY IT IS UNDERSTOOD AND AGREED THAT THE CANCELLATION - NOTICE DATED 2/27/84 . . AND IS EFFECTIVE . 3/12/84 IS RECINDED AM) THAT THIS POLICY IS REINSTATED TO FULL FORCE AND EFFECT WITH NO LAPSE IN COVERAGE. GLDO52265 0049-GLD-000052265