Document qmL4mpQJz43GZkLq3z8g04Nbn

N18755 MPtTwJbl UKJIoN 3 to jijit - le /ife l n - Member Companies of Americaninternational Group COMMERCIAL LIABILITY UMBRELLA POLICY AMERICAN HOME ASSURANC . 'yOMPANY 18 NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. (Executive Offices) 70 Pin* Str**L NW York, N.Y. 10270 (* Capital Slock Company, Herein called the Company) In consideration of the payment of the premium, and in reliance upon the statements in the Declarations made a part hereof and subject to the limits of liability, exclusions, conditions and other terms of this policy, the Company issuing this policy a9 indicated by an X in the box to the left of the Company's name agrees with the insured named in the Declarations as foliows: INSURING AGREEMENTS I. COVERAGE. To pay on behalf of the Insured that portion of the ultimate net loss In excess of the retain ed limit as hereinafter defined, which the Insured shall become legally obligated to pay ag4;damages for liability Imposed upon the Insured by law, or liability assumed by the Insured under contract because of (i) personal Injury, (ii) property damage, or (ill) advertising liability, as defined herein caused by an occurrence. II. DEFENSE, SETTLEMENT, SUPPLEMENTARY PAYMENTS. (The provisions of this insuring Agreement apply solely to occurrences covered under this policy but not covered by any underlying policies listed in the Schedule of Underlying Insurance or any other underlying insurance providing coverage to the Insured. This Insuring Agreement shall also apply to occurrences not covered by any underlying insurance due to ex haustion of any aggregate limits by reason of any losses paid thereunder.) The Company shall: (a) defend any suit against the Insured alleging liability insured under the provisions of this policy and seeking recovery for damages on account thereof even if such suit is groundless, false or fraudulent, but the Company shall have the right to make such investigation and negotiation and settlement of any claim or suit as may be deemed expedient by the Company; (b) pay ali premiums on bonds to release attachments for an amount not in excess of the applicable limit of liability of this policy, ail premiums on appeal bonds required in any such defended suit, but without any obligation to apply for or furnish such bonds, ail costs taxed against the Insured In any such suit, ail expenses Incurred by the Company and all Interest accruing after entry of judgment un til the Company has paid, tendered or deposited in court that part of the judgment as does not exceed the limit of the Company's liability thereon; (c) reimburse the Insured tor ail reasonable expenses incurred at the Company's request, (including ac tual loss of wages or salary, but not loss of other income, not to exceed $75 per day) because of his at tendance at hearings or trials at such request. The Company agrees to pay the amounts incurred under this Insurance Agreement II, except in settlement of claims and suits, in addition to the limit of liability stated in the Declarations, and such defense and sup plementary payments shall not be Included as part of the ultimate net loss, as defined in the policy. The Insured shall promptly reimburse the Company (excepting Defense Costs) for any amount of ultimate net loss paid on behalf of the Insured within the retained limit specified in item 3(A-2) of the Declarations. Insuring Agreement I and II shali cease to apply after the applicable limits of the Company's liability has been exhausted by payment of judgments or settlements. 23022 (7/83) GLD058555 0049-GLD-000058555 3 LIMIT OF LIABILITY -- RETAINED LIMIT At ail times during the policy period the insured shall maintain an unimpaired and collectable primary insurance. (A) The Company shall be liable only for that portion of the ultimate net loss excess of the Insured's retained limit defined as either: (1} the total of the applicable limits of the underlying policies listed in the Schedule of Underlying Insurance hereof, and the applicable limits of any other underlying insurance providing coverage to the insured; or (2) the amount stated in Item 3(A-2) of the Declarations as a result of any one occurrence not covered by such underlying policies or insurance: and then up to an amount not exceeding the amount as stated in Item 3(A) of the Declarations as the result of any one occurrence. (B) In the event of reduction or exhaustion of the aggregate limits of liability under said underlying insurance by reason of losses paid thereunder during this policy period, this policy shall, subject to its terms and conditions and the limit of liability stated in Items 3(A) and 3(B) of the Declarations: (1) in the event of reductions, pay excess of the reduced underlying insurance, or (2) in the event of exhaustion of the limits of liability, continue in force as underlying insurance. (C) There is no limit to the number of occurrences during the policy period for which claims may be made, except that the Company's total limit of liability arising out of the Products Hazard or the Completed Operations Hazard or both combined shall not exceed the amount stated in item 3(B) ol the Declarations as respects all occur rences during each annual period commencing with the effective or anniversary date of this policy. In those cases where the underlying insurance listed In the Schedule of Underlying Insurance Policies con tains coverage(s), which are subject to an Aggregate Limit of Liability for all insured damages, the Company's liability shall likewise be limited to the amount stated in Item 3(B) of the Declarations with respect to all occur rences during each annual period while this period is in force commencing from its effective date. The um brella policy aggregate limit, so amended, shall apply separately to each underlying insurance coverage which carries an aggregate limit in the policy of underlying insurance. (D) For the purpose of determining the limit of the Company's liability, all personal injury and property damage arising out of continuous or repeated exposure to substantially the same general conditions shall be consid ered as arising out of one occurrence. With respect to Advertising Liability, ail damages involving the same injurious material or act, regardless of the frequency or repetition thereof, the number and kind of media used and the number of claimants shall be deemed to arise out of one occurrence. EXCLUSIONS This policy shall not apply: (A) to any obligation for which the Insured or any carrier as his insurer may be held liable under any Worker's Compensation, Occupational Disease, Unemployment Compensation, or Disability Benefits Law, or under any similar law; (B) to any obligation which the Insured may be liable under "no fault benefits" or "uninsured motorists" law; GLD058556 0049-GLD-000058556 14. Bankruptcy and Insolvency)--< the event of the bankruptcy or Insolvent ! the Insured or any entity com prising the Insured, the Company shall not be relieved thereby of the payment of any claims hereunder because of such bankruptcy or insolvency. 15. First Named Insured. The first Named Insured in Item 1 of the Declarations, shall be responsible for pay ment of all premiums, and shall act on behalf of all other Insureds with respect to the giving and receiving of notice of cancellation and the receipt of any return premium, that may become payable under this policy. IN WITNESS WHEREOF, the Company has caused this policy to be executed and attested, but this policy shall not be valid unless countersigned by a duly authorized representative of the Company. President American Home Assurance Co. J. Dealessandro President National Union Fire Insurance Company of Pittsburgh, Pa. GLD058557 0049-GLD-000058557 (C) to the loss ol use of tattle property which has not been physL ,iy injured or destroyed, resulting from: (i) a delay In or lack of performance by or on behalf of the Insured of any contract or agreement, or (ii) the failure ofthe Insured's products or work performed by or on behalf of the Insured to meet the level of performance, quality, fitness or durability warranted or represented by the Insured; but this exclusion does not apply to loss of use of other tangible property resulting from the sudden and accidental physical injury to or destruction of the Insured's products or work performed by or on behalf of the Insured after such products or work have been put to use by any person or organization other than an Insured. (D) to Property Damage to: (i) the Insured's products arising out of such products or any part of such products; (Ii) work performed by or on behalf of the Insured arising out of the work or any portion thereof, or out of material, parts or equipment furnished in connection therewith; (Hi) property owned by the insured; (iv) aircraft or watercraft rented to, used by or in the care, custody or control of the Insured; (E) to damages claimed for the withdrawal, inspection, repair, replacement or loss of use of the Insured's products or work completed by or for the Insured or of any property of which such products or work from. a part, if such product, work or property are withdrawn from the market or from use by anyone because of any known or suspected defect or deficiency therein; (F) to Personal injury or Property Damage arising out of the ownership, maintenance, operation, use, loading or unloading of: (i) any watercraft, except to the extent that coverage Is provided by a policy listed in the Schedule of Underlying Insurance; or (ii) any aircraft owned by the Insured or rented to the insured without a crew. (G) to liability of any employee with respect to Personal Injury to another employee of the same employer injured in the course of such employment unless Insurance therefore Is provided by a policy listed in the Schedule of Underlying Insurance and then not for broader coverage than is afforded to such employee by that policy; (H) under Advertising Liability to claims made against the Insured; (i) for failure of performance of contract; Oi) for Infringement of trade-mark or trade name; (iii) for incorrect description of any article or commodity; (iv) for mistake in advertised prices; (I) (a) under Coverages 1(i) and 1(H) to injury, sickness, disease, death or destruction: (i) with respect to which an Insured under the policy is also an insured under a nuclear energy liability policy issued by Nuclear Energy Liability-Property insurance Association, Mutual Atomic Energy Liability Underwriters or Nuclear Insurance Association of Canada, or would be an Insured under any such policy but for its termination upon exhaustion of its limit of liability; or (ii) resulting from the hazardous properties of nuclear material and with respect to which (1) any person or organization Is required to maintain financial protection pursuant to the Atomic Energy Act of 1954, or any law amendatory thereof, or (2) the insured is, or had this policy not been issued would be, entitled to indemnity from the United States of America or any agency thereof, under any agreement entered into by the United States of America or any agency thereof, with any person or organization. (b) under any Medical Payments Coverage, or under any Supplementary Payments provision relating to immediate medical or surgical relief for expenses Incurred with respect to bodily injury, sickness, disease, or death resulting from hazardous properties of nuclear material and arising out of the operation of a nuclear facility by any person or organization. GLD058558 (c) under any Liability C 'ago, to injury, sickness, disease, dear' >r destruction resulting from the hazardous properties or nuclear materia), if: (i) the nuclear material (1) is at any nuclear facility owned by or operated by or on behalf of, an In sured or (2) has been discharged or dispensed therefrom; (ii) the nuclear material in contained in spent fuel or waste at any time possessed, handled, used, processed, stored, transported or disposed of by or on behalf of an insured; or (iii) the injury, sickness, disease, death, or destruction arises out of the furnishing by an Insured of services, materials, parts or equipment in connection with the planning, construction, maintenance, operating or use of any nuclear facility, but if such facility is located within the United States of America, lbs territories or possessions of Canada, this exclusion (iii) applies only to injury to or destruction of property at such nuclear facility; (d) as used in this policy: -- "hazardous properties" include radioactive, toxic or explosive properties; -- "nuclear material" means source material, special nuclear material or by-product material; -- "source material," "special nuclear material" and "by-product material" have meanings given them in the Atomic Energy Act of 1954 or in any law amendatory thereof; -- "spent fuel" means any fuel element or fuel component, solid or liquid which has been used or exposed to radiation in a nuclear reactor; -- "waste" means any waste material (1) containing by-product material and (2) resulting from the operation by any person or organization of any nuclear facility included within the definition of nuclear facility under paragraph (i) or(ii) thereof, -- "Nuclear Facility" means: (i) any nuclear reactor, (ii) any equipment or device designed or used for (1) separating the isotopes of uranium or plutonium, (2) processing or utilizing spent fuel, or (3) handling, processing or packaging wastes, (iii) any equipment or device used for the processing, fabricating or alloying of special nuclear material If at any time the total amount of such material in the custody of the Insured at the premises where such equipment or device is located consists of or contains more than 25 grams of piutonium or uranium 233 or any combination thereof, or more than 250 grams of uranium 235, (iv) any structure, basin, excavation, premises or place prepared or used for storage or disposal of waste, and includes the site on which any of the foregoing is located, all operations con ducted on such site and all premises used for such operations; -- "Nuclear Reactor" means any apparatus designed or used to sustain nuclear fission in a selfsupporting chain reaction or to contain a critical mass of fissionable material; -- with respect to injury to or destruction of property, the word "injury" or "destruction" includes all forms of radioactive contamination of property; (J) to bodily injury or property damage 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 land, the atmosphere or any watercourse or body of water; but this exclusion does not apply if such discharge, dispersal, release or escape is sudden and accidental; (K) to any liability of the Insured directly or indirectly occasioned by, happening through or in consequence of war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation or nationalization or re quisition or destruction of or damage to property by or under the order of any government or public or local authority. POLICY TERRITORY (A) This policy applies to personal injury, property damage or advertising liability occurring anywhere in the world. GLD058559 0049-GLD-000058559 DEFINITIONS 7 When used In this policy (Including endorsements forming a part hereof): (A) PERSONS INSURED means each of the following to the extent set forth below: (a) (1) the Named Insured stated in item 1 of the Declarations and any companies that are subsidiaries or owned or controlled by said Named insured on the inception date of the policy; (2) any additional companies that become subsidiaries or owned or controlled companies of said Named Insured providing notice is given to the Company within thirty (30) days thereof; (b) If the Named insured Is designated in the Declarations as a partnership or joint venture, the partner* ship or joint venture so designated and any partner or member thereof but only with respect to his liability as such, however, if the Named Insured Is a partnership, this policy does not apply to an automobile owned by or registered in the name of a partner thereof. This policy does not apply to Personal injury. Property Damage or Advertising Liability arising out of the conduct of any partner ship or joint venture of which the Insured is a partner or member and which is not designated In this policy as a Named Insured, if the Named insured Is designated in the Declarations as an individual, the person so designated, but only with respect to the conduct of a business of which he Is the sole proprietor; (c) any person, organization, trustee or estate to whom or to which the Named Insured is obligated by virtue of a written contract to provide insurance such as is afforded by this policy, but only with respect to operations by or on behalf of the Named Insured or to the facilities of or used by the Named Insured; (d) subject to the terms and conditions of this policy, any additional Insured included In the underlying Insurance, but only to the extent that insurance is available to such additional Insured under such underlying Insurance; (e) except with respect to ownership, maintenance or use including loading or unloading of any automobiles or aircraft, any partner, executive, officer, director, stockholder or employee of the Named insured, while acting in his capacity as such and any organization or proprietor with respect to real estate management for the Named Insured; (f) any person while using any automobile owned by the Named insured or any automobile loaned to the Named Insured or hired for use In behalf of the Named Insured and any person legally responsi ble for the use thereof provided the actual use thereof is with the permission of the Named Insured, and any executive officer, director or stockholder of the Named insured with respect to the use of an automobile or watercraft not owned by the Named Insured in the business of the Named Insured. The Insurance with respect to any person organization other than the Named Insured does not ap ply under this division (f): (1) to any person or organization, to any agent or employee thereof, operating an automobile sales agency, repair shop, service station, storage garage or public parking place, with respect to any occurrance arising out of the operation thereof; (2) with respect to any automobile hired by or loaned to the Named Insured, to the owner or lessee thereof other than the Named Insured, or to any agent or employee of such owner of lessee; The inclusion or addition hereunder of more than one Insured shall not operate to increase the Com pany's limit of liability. (B) PERSONAL INJURY shall mean: (a) bodily injury, sickness, disease, including death anytime resulting therefrom, shock, fright, mental anguish and mental injury; (b) false arrest, false imprisonment, wrongful eviction, wrongful detention, malicious prosecution and humiliation; (c) libel, slander, defamation of character or invasion of right of privacy unless arising out of Advertis ing Liability; and GLD058560 0049-GLD-000058560 (d) assault and batteryv__ < committed by or at the direction of the ;ured unless committed forthe pur pose of preventing or eliminating danger to persons or property; which occurs during the policy period. (Q PROPERTY DAMAGE shall mean (1) physical injury to or destruction of tangible property, which occurs during the policy period, including loss of use thereof at any time resulting therefrom; or (2) toss of use of tangible property, which has not been physically injured or destroyed provided such loss of use is caused by an occurrence during the policy period. (D) ADVERTISING LIABILITY shall mean liability for damage because of: (a) unintentional Libel, Slander or Defamation of Character; (b) infringement of copyright or title or of slogan; (c) piracy or unfair competition or idea misappropriation under an implied contract; (d) invasion of the rights of privacy, committed or alleged to have been committed during the policy period in any advertisement, publicity article, broadcast or telecast and arising out of the Named Insured's advertising activities. (E) PRODUCTS HAZARD includes Personal Injury and Property Damage arising out of the insured's products or reliance upon a representation or warranty with respect thereto, but only if the Personal In jury or Property Damage occurs away from -premises owned by or rented to the Insured and after physical possession has been relinquished to others. (F) INSURED'S PRODUCTS means goods or products manufactured, sold, handled or distributed by the In sured or by others trading under his name, including any container thereof (other than a vehicle), but in sured's products shall not include a vending machine or any property other than such container, rented to or located for use of others but not sold. (G) COMPLETED OPERATIONS HAZARD includes Personal Injury and Property Damage arising out of operations or reliance upon a representation or warranty made at any time with respect thereto, but only if the Persona! Injury or Property Damage occurs after such operations have been completed or abandoned and occurs away from premises owned by or rented to the Insured. "Operations" include materials, parts or equipment furnished in connection therewith. Operations shall be deemed completed at the earliest of the following times: (a) when all operations to be performed by or on behalf of the Insured under the contract have been completed, (b) when all operations to be performed by or on behalf of the Insured at the site of the operations have been completed, (c) when the portion of the work out of which the injury or damage arises has been put to its intended use by any person or organization other than another contractor or sub-contractor engaged in per forming operations for a principal as part of the same project. Operations which may require further service or maintenance work, or correction, repair, or replace ment because of any defect or deficiency, but which are otherwise complete, shaii be deemed com pleted. ] The Completed Operations Hazard does not Include Personal Injury or Property Damage arising out of: v (1) operations In connection with the transportation of property, unless the Personal Injury or Property | Damage arises out of a condition in or on a vehicle created by the loading or unloading thereol, (2) the existence of tools, uninstalled equipment or abandoned or unused materials. (H) OCCURRENCE -- With respect to Personal Injury and Property Damage, the term "Occurrence" means an event, including continuous or repeated exposure to conditions, which result in Personal injury or Property Damage during the policy period, neither expected nor intended from the standpoint of the In sured. All Personal Injury or Property Damage arising out of the continuous or repeated exposure to substantially the same general conditions shall be considered as arising out of one occurrence. (I) ULTIMATE NET LOSS -- Except as provided in Insuring Agreement II, "Defense", the terms "Ultimate Net Loss" shall mean the total sum which the Insured, or any company as its insurer, or both become obligated to pay by reason of personal injury, property damage, or advertising liability claims, either GLD058561 0049-GLD-000058561 through adjudication or corrl -^mise, and shall also include hospital, r -;ical, and funeral charges and aii sums paid or payable as salaries, wages, compensation, fees, charges, interest, expenses for doc tors, nurses, and investigators and other persons, and for settlement, adjustment, Investigation and defense of claims and excluding only the salaries of the Insured or any of the underlying Insurer's per manent employees. The Company shall not be liable for expenses as aforesaid when such are covered by underlying policies of insurance whether collectible or not. CONDITIONS 1. Premium. The premium for this policy is a flat premium and is not subject to adjustment except that ad ditional premiums may be required for any additional insureds as outlined in Definition (A) "Persons In jured," as provided in Condition 13 "Cancellation," or if this policy is subject to audit adjustment, the premium may be based upon the rating basis as set forth in the Declarations during the policy period. Upon expiration of this policy or its termination during the policy period, or at the end of each policy year, the earned premium shall be computed as specified herein, if the earned premium is more than the advance premium paid, the insured shall promptly pay the excess to the company; if less, the Com pany shall return to the Insured the unearned portion, subject to the annual minimum premium slated In the Declarations for each twelve <12) months of the policy period, and subject further to the policy minimum premium as stated in the Declarations. 2. Prior Insurance and Non-Cumulation of Liability. It is agreed, that if any loss is also covered In whole or in part under any other excess policy issued to the Insured prior to the inception date hereof, the Com pany's limit of liability as stated in Item 3 of the Declarations shall be reduced by any amounts due the Insured on account of any such loss under such prior insurance. 3. Severability of Interest. In the event of claims being made by reason of Personal Injuries, Property Damage or Advertising Liability suffered by one Insured herein for which another Insured herein is or may be liable, this policy shall cover such Insured against whom a claim is made or may be made in the same manner as if separate policies had been issued to each Insured herein. Nothing contained herein shall operate to increase the Company's iimit of iiability as set forth in the Limit of Liability section. 4. Notice of Occurrence. Whenever the Insured has information from which the Insured may reasonably conclude that an Occurrence covered hereunder involved injuries or damages which, in the event that the Insured should be held liable is likely to involve this policy notice shall be sent to the Company or to any authorized agent of the Company as soon as is reasonably possible. Notice to any authorized agent shall be deemed notice to the Company. 5. Inspection and Audit. The Company shall be permitted but not obligated to inspect the insured's pro perty and operations at any time. Neither the Company's right to make inspections nor the making thereof nor any report thereon shall constitute an undertaking, on behalf of or for the benefit of the In sured or others, to determine or warrant that such property or operations are safe. The Company may examine and audit the Insured's books and records at any time during he policy and extensions thereof and within three (3) years after the final termination of this policy, as far as they relate to the subject matter of this insurance. 6. Maintenance of Underlying Insurance. The policy or policies referred to In the attached "Schedule of Underlying Insurances," and any renewal or replacement thereof, not more restrictive, shall be main tained by the Insured in full effect during the currency of this policy without alteration of terms or condltions except for any reduction of the aggregate limit or limits contained therein solely by payment of claims. Failure of the Insured to comply with the foregoing shall not invalidate this policy but in the event of such failure, the Company shall only be liable to the same extent as it would have been had the Insured so maintained such policy or policies. 7. Assistance and Cooperation. Except as provided by the Insuring Agreement II, Defense, the Company shall not be called upon to assume charge of the settlement or defense of any claim made or suit brought or proceedings instituted against the Insured, but the Company shall have the right and shall be given the opportunity to associate with the Insured or the Insured's underlying insurer, or both, in the defense and control of any claim, suit or proceeding relative to any Occurrence where the claim or suit involves, or appear reasonably likely to involve the Company, in which event the Insured, the underlying insurers and the Company shall cooperate in all things in the defenseof such claim, suit or proceeding. GLD058562 0049-GLD-000058562 8. Appeals. In the event tlWisured or the Insured's underlying insu;' Js) elects not to appeal a judgment ' in excess of the underlying limits, the Company may elect to make such appeal at its own cost and ex- ` pense and shall be liable for the taxable costs and disbursements and interest incidental thereto, but in no event shall the liability of the Company, for the ultimate net loss, exceed the sum set forth in Item 3(A) of the Declarations for any one Occurrence pius the cost and expense of such appeal. 9. Other Insurance. If other valid and collectible insurance with any other insurer is available to the In sured covering a loss also covered hereunder, this insurance shall be excess of, and shall not con tribute with such other insurance. Excess insurance over the Limits of Liability expressed in this policy is permitted without prejudice to this insurance and the existence of such insurance shall not reduce any liability under this policy. 10. Application of Salvages--Subrogation. All salvages, recoveries or payments recovered or received subsequent to a loss settlement under this Insurance shall be applied as if recovered or received prior to such settlement and all necessary adjustments shall then be made between the Insured and the Company, provided always that nothing in this clause shall be construed or mean that losses under this insurance are not recoverable until the Insured's ultimate net loss has been finally ascertained. In asmuch as this policy is "Excess Coverage," the Insured's right of recovery against any person or other entity cannot always be exclusively subrogated to the Company. It is therefore understood and agreed that in case of any payment hereunder, the Company shall act in concert with all other interests (in cluding the Insured) concerned, in the exercise of such rights of recovery. The apportioning of any amounts which may be so recovered shall follow the principle that any interests (including the Insured) that shall have paid an amount over and above any payment hereunder, shall first be reimbursed up to the amount paid by them; the Company shall then be reimbursed out of any balance then remaining up to the amount paid hereunder; lastly, the interests (including the Insured) of whom this coverage is ex cess are entitled to claim the residue, if any. Expense necessary to the recovery of any such amounts shall be apportioned between the interests (including the Insured) concerned, in the ratio of their respective recoveries as finally settled. 11. Changes. Notice to or knowledge possessed by any person shall not affect a waiver or change in any part of this policy or stop the Company from asserting any rights 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 hereof, signed by an authorized representative of the Company. 12. Assignment. Assignment of interest under this policy shall not bind the Company until its consent is endorsed hereon; if, however, the Insured shall be adjudged bankrupt or insolvent, this policy shall cover the Insured's legal representative as Insured; provided that notice of cancellation addressed to the Insured named in the Declarations and mailed to the address shown in this policy shall be suffi cient notice to effect cancellation of this policy. 13. Cancellation. This policy may be cancelled by the Insured by surrender thereof to the Company or any of its authorized agents, or by mailing to the Company or any of its authorized agents, written notice stating when thereafter such cancellation shall be effective. The policy may be cancelled by the Com pany by mailing to the Insured at the address shown in Item 1 of the Declarations, written notice stating when, not less than thirty (30) days thereafter, ten (10) days with respect to cancellation for non-payment of premium, such cancellation shall be effective. Proof of mailing of notice as aforesaid shall be suffi cient proof of notice. The time of surrender or the effective date and hour of cancellation stated In the notice shall become the end of the policy period. Delivery of such written notice either by the Insured or by the Company shall be equivalent to mailing, if the Insured cancels, earned premium shall be com puted in accordance with the customary short rate table procedure. If the Company cancels, earned premium shall be computed pro rata. In the event of such cancellation, the earned premium shall in no case be less than the annual minimum premium stated in the Declarations, subject to the policy minimum premium also stated In the Declarations. Premium adjustment may be made at the time cancellation is effected or as soon as practicable thereafter. The check of the Company or its representative mailed or delivered, shall be sufficient tender of any refund due the Insured. if this policy Insures more than one Insured, cancellation may be effected by the first of such Insureds for the account of all Insureds: the notice of cancellation by the Company to such first Insured shall be notice to ail Insureds. Payment of any unearned premium to such first Insured shall be for the account of all Interests in such payment. 6IiD058563 0049-GLD-000058563 DECLARATIONS UMBRELLA LIABILITY POLICY NO. SE 194-26-29 RENEWAL OF: NEW Am Member Companies of American International Group G AMERICAN HOME ASSURANCE COMPANY ITEM 1. Name of Insured HANSON INDUSTRIES INC Address (Street, Town State 100 WOOD AVENUE SOUTH I SELIN NJ O883O-O This Declaration Page, with policy provisions the above numbered Umbrella Liability Poliey. DO NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. 70 Pine Street. New York. N.Y. 10270 (Executive Offices) A Capital Stock Company Herein called the Company endorsements. If any, issued to form a part thereof, completes ITEM 2 Policy Period ITEM 3. Limit Of Liability From: OCTOBER 01, 1988 To: OCTOBER 01, 1989 (12:01 A.M. Standard Time at die address of the Insured stated above) The limit of the Company's liability shall be as stated herein subject to all the terms of this policy having reference thereto (A] $ 20,000,000 Single Limit any one occurrence Personal Injury or Property damage or Advertising Liability or any combination thereof in excess of (1) the amount recoverable under the underlying insurance as set out in the attached Schedule A. or (2) $25,000 ultimata net loss In respect of each occurrence not covered by said underlying Insurance. (B) NIL in the aggregate for the policy period or each annual period in accordance with the "Limit of Liability-Retained Limit'' Section of the policy. ITEM 4. Premium Computation Rating Basis Deposit Premium Estimated Exposure N/A Rate FIAT Minimum Premium $2,700,000 Estimated Premium $2,700,000 Audit Period NOT SUBJECT TO AUDIT Producer No.: Producer: (Name end Address) 09697 HARSH & MCLENNAN GROUP 44 WHIPPANY RO Date of Issue Policy Text Form No 23022 (S/77) 23020 (5/77) GLD058564 0049-GLD-000058564 FORMS SCHEDULE NAMED INSURED: HANSON INDUSTRIES INC EFFECTIVE DATE: 10/01/88 GLD058565 0049-GLD-000058565 ENDORSEMENT # 0002 This endorsement effective 12: 01 AJM. 10/01/88 policy No. BE 194-26-29 issued to HANSON INDUSTRIES INC BY NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forme a part of SCHEOULE OF UNDERLYING GENERAL LIABILITY NATIONAL UNION FIRE INS. CO. 10/01/88-89 PRODUCTS/COMPLETED OPS NATIONAL UNION FIRE INS CO. 10/01/88-89 AUTOMOBILE LIABILITY NATIONAL UNION FIRE INS. CO. 10/01/88-89 EMPLOYERS LIABILITY NATIONAL UNION FIRE INS. CO 10/01/88-89 AIRCRAFT LIABILITY 10/01/88-89 $4,000,000. EACH /EVERY BASIS ft INDEMNITY ONLY $5,000,000. EACH/EVERY BASIS ft INDEMNITY ONLY $2,000,000. PER OCCURRENCE ft INDEMNITY ONLY $2,000,000. EACH ACCIOENT $2,000,000 DISEASE POLICY LIMIT $2,000,000 DISEASE EACH EMPLOYEE $500,000,000. PER OCCURRENCE 10/22/88 Authorized Representative GLD058566 0049-GLD-000058566 ENDORSEMENT # 3 This endorsement, effective 12: 01 A.M. 10/01/88 policy No. BE 194-26-29 issued to HANSON INDUSTRIES INC BY NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. NAMED INSURED HANSON INDUSTRIES AND ANY OWNEO, CONTROLLED MANAGED OR AFFILIATED COMPANIES OR ORGANIZATION OF WHATEVER TIER AS IS NOW OR MAY HEREAFTER BE CONSTITUTED. forms a part of 10/22/88 Authorised Representative GLD058567 0049-GLD-000058567 ENDORSEMENT # 0004 This endorsement effective 12:01 A.M. 10/01/88 policy No. BE 194-28-29 issued to HANSON INDUSTRIES INC BY NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forms a part of ARCHITECTS AND ENGINEERS EXCLUSION THIS POLICY 1$ AMENDED IN THAT IT SHALL NOT APPLY TO ANY CLAIM OR CLAIMS FOR LIABILITY ARISING OUT OF THE RENDERING OF OR THE FAILURE TO RENDER PROFESSIONAL SERVICES BY OR ON BEHALF OF THE INSURED. THE WORD '`SERVICES" WHEREVER USED IN THIS ENDORSEMENT, MEANS SERVICES RENDERED AS ARCHITECTS OR ENGINEERS AND ANY OTHER SIMILAR SERVICE RENDERED OR SIMILAR SERVICE WHICH SHOULD HAVE BEEN RENDERED IN AN ADVISORY OR CONSULTANCY CAPACITY WHATSOEVER. 10/22/88 Authorized Representative GLD058568 0049-GLD-000058568 ENDORSEMENT # 005 This endorsement effective 12:01 AJVI. 10/01/88 policy No. BE 19^-26-29 issued to HANSON INDUSTRIES INC BY NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forms a part of INSURANCE COMPANY ENDORSEMENT IN CONSIDERATION OF THE PREMIUM PAID, IT IS UNOERSTOOO AND AGREED THAT SUCH COVERAGE A IS AFFORDED BY THIS POLICY SHALL NOT APPLY TO: A) PERSONAL INJURY OR PROPERTY TO OR ARISING OUT OF ANY PROPERTY HELD IN THE CARE, CUSTODY, OR CONTROL OF THE INSURED WHILE THE INSURED IS ACTING IN ANY FIDUCIARY CAPACITY; B) PROPERTY DAMAGE TO MONEY, CURRENCY, COIN, BANK NOTES, POSTAGE AND REVENUE STAMPS, U.S. SAVINGS STAMPS, BULLION, PRECIOUS METALS OF ALL KINDS ANO ANY FORM AND ARTICLES MADE THEREFROM, JEWELRY, WATCHES, NECKLACES, BRACELETS, GEMS, PRECIOUS AND SEMI-PRECIOUS STONES, BONOS, SECURITIES, EVIDENCES OF DEBTS, DEBENTURES, SCRIP, CERTIFICATES, RECEIPTS, WARRANTS, RIGHTS, TRANSFERS, COUPONS, DRAFTS, BILLS OF EXCHANGE, ACCEPTANCES, NOTES, CHECKS, WITHDRAWAL ORDERS, MONEY ORDERS, TRAVELERS LETTERS, OF CREDIT, BILLS OF LAOING, ABSTRACTS OF TITLE, INSURANCE POLICIES, DEEDS, MORTGAGES UPON REAL ESTATE AND/OR UPON CHATTELS ANO UPON INTEREST THEREIN, AND ASSIGNMENT OF SUCH POLICIES, MORTGAGES AND INSTRUMENTS AND OTHER VALUABLE PAPERS ANO DOCUMENTS, AND ALL OTHER INSTRUMENTS SIMILAR TO OR THE NATURE OF THE FOREGOING: C) ANY LIABILITY ARISING OUT OF ANY ACT, ERROR, MISTAKE OR OMISSION OF ANY INSURED ANY AGENT OR SUB-AGENT OF ANY INSURED WHILE ACTING IN A FIDUCIARY CAPACITY; 0) ANY LIABILITY ASSUMED BY ANY INSURED OR AGENT OR SUB-AGENT OF ANY INSUREO UNOER ANY INSURANCE BINDER OR CONTRACT OF INSURANCE, SURETYSHIP OR REINSURANCE; E) ANY LIABILITY RESULTING FROM ANY ERROR, MISTAKE OR OMISSION COMMITTED OR ALLEGED TO HAVE BEEN COMMITTED BY ANY INSURED OR ANY PERSON FOR WHOM THE INSURED IS LEGALLY RESPONSIBLE ANO ARISING OUT OF: 6LD058569 0049-GLD-000058569 ENDORSEMENT # 005 This endorsement effective 12:01 A.M. 10/01/88 policy No. BE 194-26-29 issued to HANSON INDUSTRIES INC BY NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. (2) ANY CONSULTING OR INSURANCE AGENT OR BROKER ACTIVITIES (3) THE OPERATION OF ANY INVESTMENT, LOAN OR REAL ESTATE DEPARTMENTS, (4) ANY INSPECTIONS, ENGINEERING OR SAFETY ENGINEERING SERVICES, (5) ANY DATA PROCESSING OR COMPUTER SERVICES. F) ANY LIABILITY ARISING OUT OF THE HANOLING OF CLAIMS forms a part of 10/22/88 GLD058570 0049-GLD-000058570 ENDORSEMENT # 0006 This endorsement effective 12: 01 A.M. 10/01/88 policy No. BE 194-26-29 issued to HANSON INDUSTRIES INC BY NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forms a part of S.C.M. MARYLAND FACILITY NOTWITHSTANDING ANYTHING CONTAINED IN THIS POLICY TO THE CONTRARY, IT IS UNDERSTOOD AND AGREED THAT, AS RESPECTS POLLUTION, COVERAGE IS AFFORDED FOR AUTOMOBILE ACCIDENTS ON THE 8RI0GE RESULTING FROM OPERATIONS AT THE S.C.M. MARYLAND FACILITY. 10/22/88 Authorized Representative GLD058571 0049-GLD-000058571 ENDORSEMENT # 7 This endorsement, effective 12:01 A.M. 10/01/88 policy No. BE 194-28-29 issued to HANSON INDUSTRIES INC BY NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. WORKERS' COMPENSATION EMPLOYERS LIABILITY EXCLUSION IN CONSIDERATION OF THE PREMIUM PAID, IT IS UNDERSTOOD AND AGREED THAT COVERAGE UNDER THIS POLICY DOES NOT APPLY TO ANY OBLIGATION FOR WHICH THIS INSUREO OR ANY CARRIER AS HIS INSURER MAY BE HELD LIABLE UNDER ANY WORKERS, CONPENSATION, OCCUPATIONAL DISEASE, UNEMPLOYMENT COMPENSATION OR DISABILITY BENEFITS LAW, OR UNDER ANY SIMILAR LAW, OR TO EMPLOYERS LIABILITY OR EMPLOYERS LIABILITY AS RESPECTS ANY OCCUPATIONAL DISEASE IN THE STATE OF MAINE. forms a part of 10/22/88 GLD058572 0049-GLD-000058572 ENDORSEMENT # 0008 This endorsement, effective 12: 01 A.M. 10/01/88 policy No. BE 134-26-29 issued to HANSON INDUSTRIES INC BY NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forms a part of EXCLUSION OF MEDICAL PROFESSIONAL LIABILITY IN CONSIDERATION OF THE PREMIUM CHARGED, IT IS UNDERSTOOD AND AGREED THAT SUCH COVERAGE AS IS AFFORDED BY THIS POLICY SHALL NOT APPLY TO ANY LIABILITY FOR PERSONAL INJURY OR PROPERTY DAMAGE ARISING OUT OF THE RENDERING OF OR FAILURE TO RENDER THE FOLLOWING PROFESSIONAL SERVICES: (A) MEDICAL, SURGICAL, DENTAL OR NURSING TREATMENT INCLUDING THE FURNISHING OF FOOD OR BEVERAGES IN CONNECTION THEREWITH, (B) FURNISHING OR DISPENSING OF ORUGS OR MEDICAL, DENTAL OR SURGICAL SUPPLIES OR APPLIANCES, (C) HANDLING OF OR PERFORMING POST-MORTEM EXAMINATION ON HUMAN BODIES, OR (D) SERVICE BY ANY PERSON AS A MEM8ER OF A FORMAL ACCREDIDAT10N OR SIMILAR PROFESSIONAL BOARD OR COMMITTEE OF THE NAMED INSUREO, OR AS A PERSON CHARGED WITH THE QUTY OF EXECUTING DIRECTIVES OF ANY SUCH BOARD OR COMMITTEE. UNLESS SUCH LIABILITY IS COVERED BY VALID ANO COLLECTABLE UNDERLYING INSURANCE AS LISTED IN THE SCHEDULE OF UNDERLYING INSURANCE, FOR THE FULL LIMITS SHOWN THEREIN AND THEN ONLY FOR SUCH LIABILITY FOR WHICH COVERAGE IS AFFORDED UNDER SAID UNDERLYING INSURANCE. 10/22/88 Authorized Representative GLD058573 0049-GLD-000058573 ENDORSEMENT # 9 This endorsement, effective 12:01 A.M. 10/01/88 policy No. BE 194-26-29 issued to HANSON INDUSTRIES INC BY NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forma e part of WRONGFUL TERMINATION EXCLUSION IT IS AGREEO THAT THIS POLICY OOES NOT APPLY TO ANY LIABILITY RESULTING FROM WRONGFUL TERMINATION BASED ON, BUT NOT LIMITED TO, RACE, COLOR, CREED, SEX, RELIGION, AGE, NATIONAL ORIGIN, HANDICAP, SEXUAL PREFERENCE. ETC, WHETHER OR NOT FOR ALLEGED VIOLATION OF ANY FEDERAL, STATE OR LOCAL GOVERNMENTAL LAW OR REGULATION PROHIBITING SUCH WRONGFUL TERMINATION. ALL OTHER TERMS AND CONDITIONS OF THIS POLICY REMAIN UNCHANGED. 10/22/88 GLD058574 0049-GLD-000058574 lJ ENDORSEMENT i This endorsement, effective 12:01 A.M. OCTOBER 01, 1988 policy No. BE 194-26-29 issued to HANSON INDUSTRIES INC by NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forms a part of AIRCRAFT PRODUCTS AND GROUNDING EXCLUSION ENDORSEMENT In consideration of the premium paid, and notwithstanding anything contained in this policy to the contrary, it Is agreed that this policy shall not apply to any liability arising out of "aircraft products and completed operations" or reliance upon any representation or warranty made with respect thereto, nor to any liability arising out of the grounding of any aircraft. "Aircraft Products and Compietad Operations" means: (1) aircraft (including missiles or space craft and ground support or control equipment used therewith) and any other goods or products manufactured, sold, handled or distributed by the Insured or any services provided or recommended by the insured or by others trading under his name for use in the manufacture, repair, operation, maintenance or use of any aircraft, and (2) any articles, furnished by the Insured and Installed in aircraft or used in connection with aircraft or for spare parts for aircraft including ground handling tools and equipment, and also means training aids, instructions, manuals, blueprints, engineering or other data, engineering or other advice, and labor relating to such aircraft or articles. 'Grounding" shall mean the withdrawal of one or more aircraft for the flight operations or the imposition of speed, passenger or toad restrictions on such aircraft by reason of the existence of or alleged or suspected existence of any defect, fault or condition in such aircraft or any part thereof sold, handled or distributed by the Insured or manufactured, assembled or processed by any other person or organization according to specifications, plans, suggestions, orders, or drawings of the Insured or with tools, machinery or other equipment furnished to such persons or organizations by the insured, whether such aircraft so withdrawn are owned or operated by the same or different persons, organizations or corporations. A grounding shall be deemed to commence on the date of an accident or occurrence which discloses such condition, or on the date an aircraft is first withdrawn from service on account of such condition, whichever occurs first. Ail other terms and conditions remain unchanged. AUTHORIZED REPRESENTATIVE U 73007 15/87) GLD058575 0049-GLD-000058575 ENDORSEMENT ,This endorsement effective 12:01 A.M. OCTOBER 01 I988 policy No. BE 194'26-2S issued to HANSON INDUSTRIES INC by NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forms a part of CARE CUSTODY AND CONTROL EXCLUSION In consideration of the premium charged, it is hereby understood and agreed that this insurance does not apply to property damage to: 1. Property owned or occupied by or rented to the insured 2. Property used by the insured, or 3. Property in the care, custody or control of the insured is for any purpose exercising physical control. All other terms and conditions remain unchanged. U73005 15/87} GLD058576 0049-GLD-000058576 ENDORSEMENT This endorsement effective 12:01A.M. OCTOBER 01, 1938 policy No. 8E 19^-26-29 issued to HANSOM INDUSTRIES INC by NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forms a part of ERISA EXCLUSION In consideration of the premium charged, it is agreed that coverage afforded under this policy shall not apply as respects to any obligations incurred or imposed upon -an insured (or which is imputed to an insured) under the "Employee Retirement Income Security Act of 1974" Public Law 93-406 and any law amendatory thereof. All other terms and conditions remain unchanged. U73004 (5/871 AUTHORIZED REPRESENTATIVE GLD058577 0049-GLD-000058577 w* ENDORSEMENT i This endorsement, effective 12:01 A.M. OCTOBER 01, 1988 policy No. BE 194-26-29 issued to HANSON INDUSTRIES INC by NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forms a part of ASBESTOS EXCLUSION ENDORSEMENT This insurance does not apply to any liability for property damage, personal injury, sickness, disease, occupational disease, disability, shock, death, mental anguish and mental injury at any time arising out of the manufacture of, mining of, use of, sales of, installation of, removal of, distribution of, or exposure to asbestos, asbestos products, asbestos fibers or asbestos dust or to any obligation of the Insured to indemnify any party because of damages arising out of such property damage, bodily injury, sickness, disease, occupational disease, disability, shock, death, mental anguish or mental injury at any time as a result of the manufacture of, mining of, use of, sales of, installation of, removal of, distribution of, or exposure to asbestos, abestos products, asbestos fibers or asbestos dust. It is further understood and agreed that the insurance carrier is not obligated to defend any suit or claim against the Insured alleging personal injury or property damage and seeking damages, if such suit or claim arises from bodily Injury or property damage resulting from or contributed to, by any and all manufacture of, mining of, use of, sales of, installation of, removal of, distribution of, or exposure to asbestos, asbestos products, asbestos fibers or asbestos dust. All other terms and conditions remain unchanged. U73003 (5/87) AUTHORIZED REPRESENTATIVE GLD058578 0049-GLD-000058578 ENDORSEMENT This endorsement, effective 12:01A.M. OCTOBER 01, 19SS policy No. BE 194-26-29 issued to HANSON INDUSTRIES INC by NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. forms a part of ABSOLUTE POLLUTION EXCLUSION It is understood and agreed that coverage as afforded by this policy does NOT apply: a. to any Personal Injury or Property Damage arising out of the actual or threatened discharge, dispersal, release or escape of pollutants, anywhere in the world: b. to any loss, cost or expense arising out of any governmental direction or request that the Insured, the Company or any other person or organization test for, monitor, clean-up, remove, contain, treat, detoxify or neutralize pollutants; c. to any loss, cost or expense, including but not limited to costs of investigation or attorneys' fees, incurred by governmental unit or any other person or organization to 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 material. Waste materials includes materials which are intended to be or have been recycled, reconditioned or reclaimed. U73002 (5/87) :vsi ioervc rro*./ GLD058579 0049-GLD-000058579 Kgjjjfer f Wiliam A. DcLaney Vice President Marsh & McLennan, Incorporated 44 Whippany Road RO. Box 1966 Morristown, New Jersey 07962-1966 Telephone 201 285-4643 August 10, 1989 REUtrvED Alien mi Mr. Donald L. Schoenewolf Director of Risk Management Hanson Industries 100 Wood Avenue South Iselin, New Jersey 08830 HANSON INDUSTRIES Re: National Union Umbrella Liability 10/1/88 - 10/1/89 Dear Don: Enclosed is the endorsement scheduling the correct Foreign Liability limit for the Kidde, Inc. operations. The $10,000,000 aggregate for Products is beneficial to Hanson since the domestic program provides coverage on an occurrence basis only. We are waiting for the endorsement scheduling Grove Coles and will forward it to your attention as soon as possible. Very truly yours, cc: T. Kelleher WAD\bva 080989.10C GLD058580 0049-GLD-000058580 wJ > ENDORSEMENT This endorsement, effective 12:01 AM October 1,1988 forms a part of Policy No. BE 19426-29 issued to: Hanson Industries by National Union Fire Insurance Co. Of Pittsburgh, Pa. In consideration of the premium paid it is understood and agreed that the following is added to the Schedule of Underlying Insurances: Foreign liability Kidde Inc. $5,000,000 per occurrence $10,000,000 aggregate for products 10/1/88-89 Carrier: Various GLD058581 0049-GLD-000058581 ENDORSEMENT # 13 This endorsement, effective 12:01 a.m. 8/7/89, forms part of Policy No. BE 194 26 29 issued to HANSON INDUSTRIES, INC. by National Union Eire insurance company of Pittsburgh, PA. In consideration of the premium paid, it is understood and agreed that effective August 7, 1989 the following is added to the Schedule of Underlying: American Aggregates Umbrella/Excess Liability Carriers: Various Effective: 4/1/89 -* 90 Limit: $30,000,000. GLD058582 0049-GLD-000058582 ENDORSEMENT ##1144 This endorsement, effective 12:01 a.m. 1IR1 .E B B 1 W B fill 4 : - son h -ON ir.yUSTR E! 5/5/89 forms part of Policy No. BE 194 26 29 issued to HANSON INDUSTRIES * INC. by National Union Fire Insurance Company of Pittsburgh, PA. In consideration of the premium paid, it is understood and agreed that effective May .5, 19.89 the following is added to che schedule of underlying: Grove Coles Ltd. Comprehensive General Liability and Auto Liability Various Insurers 11/1/33 - 89 Limits: 10..000.000. .per, occurrence 10.000.000. Agg'.. for Products (Pounds Sterling.) uGi AUTHORIZED REPRESENTATIVE JNSUR ED'S COPY GLD058583 0049-GLD-000058583 ENDORSEMENT # 15 This endorsement, effective 12:01 a.m. 1/10/89 forms part of Policy No. BE 194 26 29 issued to HANSON INDUSTRIES, INC. by National union Fire insurance company of Pittsburgh, PA. In consideration of the premium paid, it is understood and agreed that effective January 10, 1989 the following is added to the Schedule of Underlying: Protection & Indemnity Carriers: Various Limit: $26,000,000. GLD058584 0049-GLD-000058584 ENDORSEMENT # 12 This endorsement, effective 12:01 a.m. 8/7/89 forms part of Policy No. BE 194 26 29 issued to HANSON INDUSTRIES, INC. by National Union Fire Insurance Company of Pittsburgh, p a . in consideration of the premium paid, it is understood and agreed that effective August 7, 1989 the following entities are excluded by this policy: 1.) Gold Fields Mining Corporation 2.) ARC America AUTHORIZED REPRESENTATIVE INSURED'S COPY GLD058585 0049-GLD-000058585 MW1'1111..... - NOTICE OF RESCISSION POLICY NUMBER ^ 26 29_____________________ COMPANY___________National Union Fire Ins. Cb _______________________Hanson. Industries Inc.______ r ec eived NOV 3 0 m TRACEY GOLDSTEIN Name of Insured 100 Wood Avenue South Iselin, N.J. 08B30 Address as given in the Policy. This Is to notify you that the Cancellation notice sent to you by the company is hereby rescinded. DATE OF CANCELLATION NOTICE: - _ ^rt/7JVa form 21573 ______11/22/88 Date this notice is signed By Authorized Representative Order By: 44378 (8/86) GLD058586 0049-GLD-000058586