Document rBxRoD1pRYbOOe2zy4NjeONm0

r James r FRED. S. JAMES & CO. OF NEW ENGLAND, INC. 40 Broad Street, Boston. Massachusetts 02109 {617)357-6600 Telex 940227 July 29, 1987 Mr. Anthony R. Ferrara Hanson Industries 100 Wood Avenue South Iselin, M 08830 RE: Kaiser Cement Corporation "Rip and Tear" Coverage Dear Anthony: Please find enclosed proposed wording which would eliminate the potential "Rip and Tear" Exclusion as respects Policy #RMBE9439790. Please review and advise if this is acceptable to Hanson. Just a note-of caution, with the elimination of these exclusions, we may be providing coverages under an insurance contract which are not contemplated. Please review with Don and John as to the extent that you wish coverage to be included for Kaiser. Very truly yours. Joseph F. Zavagnin Vice President JFZ:rah Enc. 851 Oz RECEIVED JUL 3 11987 Hanson tndv'tries Inc. Insurance Brokers Since 1B58 N17577 r This endorsement, effective ENDORSEMENT 12:01 rm A.M- April 1, 1987 policy No. RMBE9439790 hsuadto Hanson Industries, Etal. by National Union Fire Insurance Company of Pittsburgh, Pa. forms a part of In consideration of the premium charged, it is understood and agreed that Exclusions (C) and (E) do not apply as respects the manufacture and/or sale of Concrete or Cement by the Named Insured. All other terms and conditions remain unchanged. AUTHORIZED REPRESENTATIVE GLD055370 0049-GLD-000055370