Document vBXEzXx04ZQwEK4nZOnaDawQm

P fe lP i U oooo366>S ? to /iffy THIS IS A REPORTED OCCURRENCE POLICY WHICH CONTAINS CERTAIN FEATURES THAT ARE ANALOGOUS TO THE ONES FOUND IN CLAIMS MADE POLICIES. PLEASE READ THE ENTIRE POLICY CAREFULLY. EXCESS INDEMNITY POLICY INSURANCE UNDER THIS POLICY IS PROVIDED BY SEVERAL SEPARATE INSURERS, WHO ARE ALL MEMBERS OF THE AMERICAN EXCESS INSURANCE ASSOCIATION. THE LIABILITY OF THESE INSURERS IS SEVERAL AND NOT JOINT AND IS SET OUT SPECIFICALLY IN ENDORSEMENT NUMBER 1 WHICH IS ATTACHED TO AND FORMS PART OF THIS POLICY. o American Excess Insurance Association (Herein called the "COMPANY") Words and phrases that appear in all capital letters have the special meanings set forth in Sector? V-DEF1NITIONS. DECLARATIONS POLICY NUMBER: ER000036689 Item 1: NAMED INSURED: HANSON INDUSTRIES Address of NAMED INSURED: 410 PARK AVENUE NEW YORK, NY 10022 Item 2: COMPANY'S Limit of Liability under this POLICY in the aggregate for all covered OCCURRENCES: $75,000,000.00 part Of $75,000,000.00. See Endorsement Number 1 to this POLICY. Item 3: PER OCCURRENCE UNDERLYING AMOUNT: $25,000,000.00 "DEFENSE EXPENSES" ARE INCLUDED tN THE UMITS OF LIABILITY OF THE POLICY AND ARE IN THE "PER OCCURRENCE UNDERLYING AMOUNT" ASA 1-NY REV. A. [1 of 16] GLD053727 0049-GLD-000053727 Item 4: POLICY PERIOD: From 12:01 A.M.* on the 1ST day of October, 1989. ("Inception Date"). To 12:01 A.M.* on the 1ST day of October, 1990. ("Expiration Date"). Item 5: Item 6: RETROACTIVE DATE: 12:01 A.M.* on the 1ST day of October, 1986. except ARC America, Inc. which is 11/1/89. Flat Premium for the POLICY PERIOD: $1,152,000.00 Item 7: Representative of COMPANY: Farmington Management, Inc. RiverBend Executive Park 77 Hartland Street East Hartford, CT 06108 Attention: The President Item 8: Representative of NAMED INSURED: HANSON INDUSTRIES 410 PARK AVENUE NEW YORK, NY 10022 Item 9: Endorsements attached at POLICY issuance: 1. Liability of Insurers Endorsement, AEIA-2 2. Architects, Engineers or Surveyors Professional Liability Exclusion, AEIA-15 3. New York Mandatory Endorsement, AEIA-S-6 Countersigned I (Authorized Representative) `Standard Time at the address of the NAMED INSURED as stated herein. AEIA 1-NY REV. A [2 of 16] GLD053728 0049-G LD-000053728 Insuring Agreements In consideration of the payment of the premium and in reliance on all statements made and information furnished by the NAMED INSURED to the COMPANY, including the representations and warranties made in the Application for this POLICY, hereby made a part hereof, and subject to the foregoing Declarations, hereby made a part hereof, and to all of the terms of this POLICY, the COMPANY and the NAMED INSURED agree as follows: I. COVERAGE (a) The COMPANY shall indemnify the NSURED for ULTIMATE NET LOSS which the INSURED shall become legally obligated to pay by reason of liability imposed upon the INSURED by law or liability of others assumed by the INSURED under contract or agreement because of PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE anywhere in the world, (1) which results from an OCCURRENCE, notice of which shall have been first given to the COMPANY (in accordance with Condition (c) hereof): (A) by the NAMED INSURED during the POLICY PERIOD; (B) by the NAMED INSURED during any EXTENDED REPORTING PERIOD which the NAMED IN SURED shall have elected to secure (or continue) in accordance with the following paragraph 1(b): or (C) by any former subsidiary or affiliate of the NAMED INSURED during any EXTENDED REPORTING PERIOD that may arise in accordance with Condition (m) hereof; and (2) for which a CLAIM is made against the INSURED, and of which CLAIM the NAMED INSURED has given written notice to the COMPANY, within ten (10) years from the effective date of cancellation of the POXY or foe Expiration Date stated In Item 4 of the Declarations irrespective of whether: (A) the notice of OCCURRENCE in paragraph 1(a)(1) above was given during the POLICY PERIOD; or (B) such notice was given during the EXTENDED R^ORTING PERIOD; provided, however, that in no event shall there be coverage under this POLICY for any liability of any INSURED with respect to any OCCURRENCE, PERSONAL INJURY, PROPERTY DAMAGE or ADVERTIS ING OFFENSE for which there is, or but for foe issuance of this POLICY would be, any coverage in any amount provided under any other policy issued by the COMPANY to the INSURED irrespective of whether such other policy is issued prior to, simultaneously with or subsequent to this POLICY. (b) In foe event of cancellation or nonrenewal of this POLICY by foe NAMED INSURED or the COMPANY, other than cancellation for nonpayment of premium, the NAMED INSURED may elect to secure an EXTENDED REPORTING PERIOD for an ANNUAL PERIOD, and thereafter may elect annually to continue such EXTENDED REPOTTING PERIOD for no more than four (4) additional ANNUAL PERIODS, for such INSUREDS as the NAMED INSURED shall designate, by giving the COMPANY written notice of such election not less than ten (10) days prior to the effective date of cancellation of the POLICY or foe Expiration Oate stated in Item 4 of the Declarations, or the expiration date of each ANNUAL PERIOD, and by paying to the COMPANY foe applicable annual premium as set forth in the attached Schedule B no later than the date of commencement of each ANNUAL PERIOD of such EXTENDED REPORTING PERIOD. Where notice of an OCCURRENCE is first given, in accordance with Condition (c), during such EXTENDED REPORTING PERIOD, it shall be deemed to have been given during foe POUCY PERIOD oi this POLICY for purposes of the application of the terms of this POLICY including, but not by way of Imitation, the COMPANY'S Limit of Liability and the PER OCCURRENCE UNDERLYING AMOUNT II. LIMIT OP LIABILITY (a) Subject to all foe terms hereof, the COMPANY shall indemnify foe INSURED, in accordance with Condition (f), only for that amount of ULTIMATE NET LOSS, as provided for in Endorsement Number 1 to this POLICY, for any OCCURRENCE covered pursuant to paragraph I hereof, which ULTIMATE NET LOSS is in excess of foe greater of either: (1) ULTIMATE NET LOSS in the amount of foe PER OCCURRENCE UNDERLYING AMOUNT; or (2) ULTIMATE NET LOSS with respect to any OCCURRENCE in the amount covered by collectible OTHER INSURANCE; and then only up to foe amount stated in Item 2 of the Declarations as the COMPANY'S Limit of Liability, which is the maximum amount payable by the COMPANY under this POLICY in foe aggregate AEIA 1 (3 of 16] GUD053729 0049-GLD-000053729 with respect to all ULTIMATE NET LOSS arising from any and all OCCURRENCES, irrespective of the period over which any OCCURRENCE, loss, PERSONAL INJURY, PROPERTY DAMAGE or ADVER TISING OFFENSE occurs or the number of such OCCURRENCES, losses, PERSONAL INJURIES, PROPERTY DAMAGES or ADVERTISING OFFENSES and irrespective of whether the notice of OC CURRENCE is given during the POLICY PERIOD or during any applicable EXTENDED REPORTING PERIOD. (b) Only ULTIMATE NET LOSS which would be covered by this POLICY (if the terms of this POLICY were satisfied) but far the amount of such ULTIMATE NET LOSS and/or the existence of OTHER INSURANCE is included within the ULTIMATE NET LOSS referred to in paragraphs H(aK1) and (2) above. (c) Neither (1) the inclusion or addition hereunder of more than one INSURED; or (2) any EXTENDED REPORTING PERIOD secured in accordance with paragraph 1(b), and or arising in accordance with Condition (m) hereof; shall operate to reinstate or increase the COMPANY'S Limit of Liability beyond that set forth in Item 2 of the Declarations or to extend the POUCY PERIOD. III. EXCLUSIONS This POLICY shall not apply to any liability or alleged liability of the INSURED for: (a) PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE for which the INSURED has as sumed liability under any contract or agreement, if such PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE occurred prior to the time such contract or agreement became effective; (b) PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE in any manner arising out of the design, construction, maintenance, manning, ownership, operation or use of any WATERCRAFT; provided, however, that this Exclusion (b) shall not apply with respect to WATERCRAFT or risks listed on Schedule D hereto and loading or unloading of any WATERCRAFT at premises owned, leased or controlled by the INSURED; (c) (1) PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE directly or indirectly arising out of: (A) the actual, alleged or threatened discharge, dispersal, release, seepage, or escape of any POLLUTANT into or upon any person, place or thing including the land or other real estate, any man-made structure, the atmosphere, any water or watercourse whether above or below ground or otherwise into the environment, however caused and whenever happening; or (B) any direction or request whether governmental or otherwise, that tie INSURED evaluate, test for, monitor, clean up, remove, control, contain, treat, detoxify or neutralize any POLLUTANT or the actual, alleged or threatened discharge, dispersal, release, seepage or escape thereof; provided, however, except as provided in paragraph (2) of this Exclusion (c), that subparagraphs (1XA) and (B) of this Exclusion (c) shall not apply to PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE arising out of or alleged to arise out of such discharge, dispersal, release, seepage or escape and caused solely by: (C) unintended fire or explosion, or lightning; or ^3) a collision or overturning of an AUTOMOBILE or railroad vehicle; (E) a single or intermittent discharge, dispersal, release or escape, which ceases within seven (7) days of its first commencement, of: (I) POLLUTANTS, other than herbicides, pesticides or defoliants, which constitute the IN SURED'S PRODUCTS; (ii) POLLUTANTS, other than herbicides, pesticides or defoliants, where such discharge, dis persal, release or escape is caused by or results from the INSURED'S PRODUCTS, other than products that are specifically designed, intended or marketed to evaluate, test for, monitor, treat, detoxify or neutralize POLLUTANTS; or (Si) POLLUTANTS from premises owned, leased, rented or controlled by the INSURED: and provided that such discharge, dispersal, release or escape results in PERSONAL INJURY or PROPERTY DAMAGE which commences and is discovered within seven (7) days after the time such discharge, dispersal, release or escape first commences: ( AEIA 1 [4 of 161 GLD053730 0049-GLD-000053730 {2) The exception to subparagraphs (1){A) and (B) of this Exclusion (c) which are contained in subpar agraphs (1)(C), (D) and (E) erf this Exclusion (c), shall in no event apply to: (A) PROPERTY DAMAGE directly or indirectly arising out of: (i) underground or underwater operations of the INSURED; and/or (ii) removal of, loss of or damage to underground or underwater oil, gas or any other substance; (B) PERSONAL NJURY, PROPERTY DAMAGE'w"AfiVSTh$^ indirectly arising out of the handling, processing, treatment, storage, disposal, dumping, dscharge, dis persal, release, seepage or escape of any WASTE; (C) the cost of evaluating, testing for, monitoring, cleaning up, removing, controlling, containing, treating, detoxifying and/or neutralizing the discharge, dispersal, release, seepage and/or escape of any POLLUTANT on property at any time owned, leased and/or rented by the INSURED and/ or under the control of the INSURED; and (D) PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE directly or indirectly arising out of the actual, alleged or threatened discharge, dispersal, release, seepage or escape of any POLLUTANT: (i) into any underground water or watercourse; or (ii) from any underground or underwater tank, piping or other container of any type; unless the immediate cause of such discharge, dispersal, release, seepage or escape is unin tended fire or explosion, or lightning; (d) ADVERTISING OFFENSE arising out of. (1) failure of performance of contract, other than the unauthorized appropriation of ideas based upon alleged breach of implied contract; (2) infringement of trademark, service mark or trade name, other than titles or slogans, by use thereof on or in connection with goods, products or services sold, offered for sale or advertised; (3) incorrect description or mistake in advertised price of goods, products or services sold, offered for sale or advertised; or (4) the failure of goods, products or services to conform to advertised quality or performance; (e) (1) except In respect of PERSONAL INJURY. PROPERTY DAMAGE or ADVERTISING OFFENSE taking place in and caused by events and conditions occurring in the land area of the United States of America, its territories or possessions, or Canada, PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE 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, rebeBfon, revolution, insurrection, military or usurped power or confiscation or nationalization or requisition or destruction of or damage to property by or under the order of any government or public or local authority; (2) except in respect of PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE, taking place in and caused by events or conditions occurring in the land area of the United States of America, its territories or possessions, or Canada, PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE, not excluded by paragraph (1) of this Exclusion (e), which is caused by, results from or is attributable to the INSURED'S PRODUCTS, which are used, designed or intended to be used for the purpose of inflicting PERSONAL INJURY or PROPERTY DAMAGE, and which PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE arises in connection with: (A) war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power; or (B) confiscation, nationalization, requisition or destruction of, or damage to, property in connection with or arising out of any of the situations listed in subparagraph (2)(A) of this Exclusion (e); (f) PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE arising out of asbestos, tobacco or tobacco products, dioxin, asbestiform talc, diethylstibesteroi, urea formaldehyde or any intra-uterine device; (g) PERSONAL INJURY. PROPERTY DAMAGE or ADVERTISING OFFENSE arising out of the design, manu facture, construction, maintenance, service, use or operation of any AIRCRAFT, or any component part or equipment thereof, or any other airplane navigational or aviation related equipment; (h) PERSONAL INJURY or PROPERTY DAMAGE (1) with respect to which an INSURED under this POLICY is also an insured under a nuclear energy liabBity policy issued by Nuclear Energy Liability Insurance Association, Mutual Atomic Energy Liability A0A 1 (5 of 16) GLD053731 0049-GLD-000053731 Underwriters or Nuclear Insurance Association of Canada or any of their successors, or would be an insured under any such policy but for its termination upon exhaustion of its limit of liability; (2) resulting from the "hazardous properties'' of "nuclear material" and with respect to which (A) any person or organization is required to maintain financial protection pursuant to the Atomic Energy Act of 1954, or any law amendatory thereof; or (B) the INSURED is or, had this POUCY 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; (3) resulting from the "hazardous properties" of "nuclear material", if (A) the "nuclear material" (i) is at any "nuclear facility" owned by, or operated by or on behalf of, an INSURED or (ii) has been discharged or dispersed therefrom; (B) the "nuclear material" is contained in "spent fuel" or 'waste'' any time possessed, handled, used, processed, stored, transported or disposed of by or on behalf of an INSURED; or (C) the PERSONAL INJURY or PROPERTY DAMAGE arises but of the furnishing by an INSURED of services, materials, parts or equipment in connection with the planning, construction, mainte nance, operation or use of any "nuclear facility", but if such facility is located within the United States of America, its territories or possessions, or Canada, this subparagraph (3)(C) applies only to "property damage" to such "nuclear facility" and any property thereat. As used in this Exclusion (h): "hazardous properties" include racEoactive, toxic or explosive properties; "nuclear material" means "source material", "special nuclear material" or "by-product material"; "source material", "special nuclear material'' and "byproduct material" have the 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 "byproduct material" other than the tailings or wastes produced by the extraction or concentration of uranium or thorium from any ore processed primarily for its "source materiai" content and (2) resulting from the operation by any person or organization of any "nuclear facility" included under the first two paragraphs of the definition of "nuclear facility"; "nuclear facility" means: (1) any "nuclear reactor"; (2) any equipment or device designed or used for (a) separating the isotopes of uranium or plutonium, (b) processing or utilizing "spent fuel", or (c) handling, processing or packaging "waste"; (3) 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 ttian 25 grams of plutonium or uranium 233 or any combination thereof, or more lhan 250 grams of uranium 235; (4) any structure, basin, excavation, premises or place prepared or used for the storage or disposed of "waste"; and includes the site on which any of 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 sustain nuclear fission in a self-supporting chain reaction or to contain a critical mass of fissionable material; "property damage" includes all forms of radioactive contamination of property; (i) PERSONAL IMJURY or PROPERTY DAMAGE directly or indirectly caused by or contributed to by or arising from ionising radiations or contamination by radioactivity outside the United States, its territories or possessions, or Canada from any nuclear fuel, any nuclear waste or from the combustion, fission or fusion of nuclear fuel; (j) PROPERTY DAMAGE to property rented to, used or occupied by or in the care, custody or control of the INSURED: (1) to the extent that the INSURED has agreed to provide insurance therefor; or (2) if such property is owned by any person or organization controlling or coming under the control of the INSUREO; ASA 1 [6 of 16} ( GLD053732 0049-GLD-000053732 (k) (1) toss of use of tangible property which has not been physically injured or destroyed, resulting from: (A) a delay in or lack of performance by or on behalf of the INSURED of any contract or agreement: or (B) the failure of the INSURED'S PRODUCTS or OPERATIONS completed by or on behalf of the INSURED either to meet any warranty or representation by the INSURED as to the level of performance, quality, fitness or durability or to perform the function or serve the purpose intended by the INSURED: provided, however, that paragraph (1) of this Exclusion (k) shall 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 OPERATIONS performed by or on behalf of the INSURED after such INSURED'S PRODUCTS or OPERATIONS have been put to use by any person or organization other than an INSURED; (2) PROPERTY DAMAGE to any portion or section of the INSURED'S PRODUCTS or of OPERATIONS completed by or on behalf of the INSURED, If such PROPERTY DAMAGE arises out of that portion of such products or that section of OPERATIONS, or out of materials, parts or equipment furnished in connection therewith: or (3) the withdrawal, inspection, repair, replacement, or, in connection with any of the foregoing, loss of use, of the INSURED'S PRODUCTS or OPERATIONS completed by or for the INSURED or of any property of which such INSURED'S PRODUCTS or OPERATIONS form a part, if such INSURED'S PRODUCTS, OPERATIONS or property are withdrawn from the market or from use because of any known or suspected defect or deficiency therein whether caused or believed to have been caused by the INSURED or by arty other person or entity: (l ) any obligation for which the INSURED or any carrier as his insurer may be held liable under any workers' compensation, unemployment compensation or disability benefits law or the Longshoremen's and Harbor Workers' Compensation Act, or under any similar state or federal law; provided, however, that this Exclusion does not apply to liability arising under the Federal Employers Liability Act or the Jones Act; (m) PERSONAL INJURY. PROPERTY DAMAGE or ADVERTISING OFFENSE resulting from an OCCURRENCE if notice of such OCCURRENCE has been given prior to the Inception Date stated in Item 4 of the Declarations under any policy which policy has expired prior to or upon the inception of this POLICY; (n) PERSONAL INJURY or PROPERTY DAMAGE arising out of discrimination or humiliation directly or indirectly related to employment or prospective employment of any person or persons by any INSURED; (o) PERSONAL INJURY or PROPERTY DAMAGE directly or Indirectly arising out of the actual or threatened termination of employment of any person or persons by any INSURED; (p) PERSONAL INJURY. PROPERTY DAMAGE or ADVERTISING OFFENSE and/or any liability of any nature whatsoever arising out of: (1) the purchase, sale or distribution of securities or offers to purchase or sell securities, or investment counselling or management, including, without limitation, liability under the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Public Utility Holding Company Act of 1935, the Investment Company Act of 1940, and the so-called '`blue-sky" laws ol the various states or other jurisdictions or any laws amendatory of any thereof; (2) antitrust or the prohibition of monopolies, activities in restraint of trade, unfair methods of competition or deceptive acts and practices in trade and commerce including, without limitation, the Sherman Act. the Clayton Act, the Robinson-Patman Act, the Federal Trade Commission Act and the HartScott Rodino Antitrust Improvements Act and the similar or equivalent laws of the various states or other jurisdictions; (3) fraud or breach of fiduciary duty; (4) governmental, civil or criminal fines or penalties: (5) the failure to pay when due any governmental tax (including, without limitation, income, excise, property, value added and sales tax) or tariff, license fee or other governmental fee which is incidental to the conduct of business or any assessment, fine or penalty related thereto; (6) copyright, patent or trademark infringement (other than advertising liability with respect to titles or slogans); (7) any defect in or impairment to title to real property, including fixtures, whether or not owned by an INSURED; ABA 1 [7 ol 16] GLD053733 0049-GLD-000053733 (8} disclosure or other regulation of sales of, and offers to sell, real property; (9) employee, officer or director dishonesty or any liability of any employee, officer or director of an INSURED to such INSURED. No inference shall be made from the exclusion of liabilities, PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE in any Exclusion that thi3 POLICY would otherwise cover such liabilities, PERSONAL INJURY. PROPERTY DAMAGE or ADVERTISING OFFENSE or covers similar liabilities, PERSONAL INJURY. PROPERTY DAMAGE or ADVERTISING OFFENSE; nor shall any portion of any Exclusion to the POLICY be construed to be an extension of coverage otherwise provided by the POLICY. lift CONDITIONS (a) Premium (1) The premiums under this POLICY are flat premiums and are not subject to adjustment, except as otherwise provided in paragraph (6) of Definition fl) and Condition (q) hereof. The premium shall be paid to the COMPANY. (2) Additional premium for an EXTENDED REPORTING PERIOD shaB be fully earned, notwithstanding anything contained in this POLICY to the contrary, when the ANNUAL PERIOD to which such premium is applicable incepts. (b) Inspection end Audit (1) The COMPANY shall be permitted but not obligated to inspect the INSURED'S property and opera tions 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 benefit of the INSURED or others, to determine or warrant that such property or operations are safe, healthful or in compliance with any law, rule or regulation. (2) The COMPANY may examine and audit the INSURED'S books and records at any time while this POUCY is In force and within ten (10) years after the final termination of this POLICY or within one (1) year after final settlement of aft claims arising out of any OCCURRENCE notice of which was given during the POLICY PERIOD or any EXTENDED REPORTING PERIOD, as far as they relate to the subject matter of this POLICY. (c) Notice of Occurrence or Claim (1) If any employee of the risk management or legal department or any officer or director of any INSURED shall become aware of an OCCURRENCE likely to involve this POLICY the NAMED INSURED shall as soon as practicable, as a condition precedent to the rights of any INSURED under this POUCY give written notice to the COMPANY which notice shall include, but riot be limited to, information as to the nature of the OCCURRENCE, the actual or anticipated injury dr damage resulting therefrom, the name(s) of any claimants) or potential claimant(s) and the manner in which and the date on which the INSURED first became aware of the OCCURRENCE and such other detailed information as the COMPANY may reasonably request regarding the OCCURRENCE. Unless such written notice is provided as required herein, there shall be no rights to any coverage hereunder. (2) If any CLAIM likely to involve this POUCY is made against any INSURED, as a condition precedent to the rights of any INSURED under the POLICY, the NAMED INSURED shall, as soon as practicable, give written notice to the COMPANY of such CLAIM and, if written notice of the OCCURRENCE from which the CLAIM arises has not already been given, written notice, in accordance with paragraph (1) of this Condition (c). of the claimed or alleged OCCURRENCE with respect to which such CLAIM is made and shall promptly forward to the COMPANY copies of any written CLAIM, demand, notice, summons, complaint or other process received by the INSURED or its representatives or agents. Unless such written notice is provided as required herein, there shall be no rights to any coverage hereunder. (3) Notice to the COMRANY shall be given to the person or entity stated in Item 7 of the Declarations and shall be deemed to be given when sent if sent by certified mail, return receipt requested, by telex with receipt acknowledged or by any express mailing service where a written receipt of sending is provided. ( AEIA 1 [8 of 16] GLD053734 0049-GLD-000053734 (d) Assistance and Cooperation The COMPANY shall not be called upon to assume charge of the settlement or defense of any CLAIM made against an INSURED but the COMPANY shall have the right and shall be given the opportunity to associate at its own expense with the INSURED or the issuers of OTHER INSURANCE or both in the investigation, settlement, defense and control of any CLAIM relative to any OCCURRENCE where the CLAIM involves, or appears reasonably likely to involve, the COMPANY in which event the INSURED and the COMPANY shall cooperate in all things in the defense of such CLAIM. The INSURED shall enforce or cooperate with the COMPANY to enforce any right of contribution or indemnity against any person or organization who may be liable to the INSURED because of PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE with rispect to which insurance is afforded under this POLICY. In the event that the COMPANY, in it3 sole discretion, chooses to exercise its rights pursuant to this Condition (d), no action taken by the COMPANY in the exercise of such rights shall serve to modify or expand in any manner, the COMPANY'S liability or obligations under this POLICY beyond what the COMPANY'S liability or obligations would have been had it not exercised its rights under this Condition (d). (e) Appeals In the event the INSURED or the issuers of OTHER INSURANCE elect not to appeal a judgment in excess of the Bmits of liability of such OTHER INSURANCE, the COMPANY may elect to make such appeal at its own cost and expense and shall be liable for the taxable costs and disbursements and interest on judgments incidental thereto, but in no event shall the total liability of the COMPANY exceed its Limit of Liability stated in Item 2 of the Declarations plus the cost and expense of such appeal. (f) Loss Payable (1) Indemnity under this POLICY with respect to any OCCURRENCE shall not attach unless and until the INSURED and/or the issuers of OTHER INSURANCE shall have paid the greater of either: (A) ULTIMATE NET LOSS in the amount of the PER OCCURRENCE UNDERLYING AMOUNT; or (B) ULTIMATE NET LOSS with respect to any OCCURRENCE in the amount covered by collectible OTHER INSURANCE; whichever is applicable, as provided in paragraph 11(a) hereof and, unless and until the INSURED'S liability shall have been fixed and rendered certain either by final judgment against the INSURED after trial or by settlement approved in writing by the COMPANY. (2) The INSURED shall make a written demand for payment for any amount of the ULTIMATE NET LOSS for which the COMPANY may be liable under this POLICY as soon as practicable after the INSURED'S liability shall have been fixed and rendered certain and after such amount shall have been paid by or on behalf of the INSURED. If any subsequent payments shall be made by the INSURED on account of the same OCCURRENCE, additional written demands for payment should be made simBarly from time to time. Such losses shall be due and payable by the COMPANY within a reasonable time after they are respectively demanded and proven in conformity with this POLICY. (3) No person or organization shall have any right under this POLICY to join the COMPANY as a party to any action against the INSURED, nor shall the COMPANY be impleaded by the INSURED or his legal representative. (g) Representation Such person or office as the NAMED INSURED shall designate in item 8 of the Declarations shall represent the NAMED INSURED and any and all INSUREDS hereunder in all matters under this POLICY including, without limitation, payment of premium, negotiation of the terms of renewal and the adjustment, settlement and payment of CLAIMS. (h) Other insurance The insurance afforded by this POLICY shall be in excess of and shall not contribute with OTHER INSURANCE. Nothing herein shall be construed to make this POLICY subject to the terms, conditions and limitations of any OTHER INSURANCE. AEIA 1 (9 of 16] GLD053735 0049-GLD-000053735 (i) SUBROGATION Inasmuch as this POLICY is excess coverage, the INSURED'S right of recovery against any person or other entity cannot be exclusively subrogated to the COMPANY. It is, therefore, understood and agreed that in case of any payment hereunder, the COMPANY will act in concert with all other interests (including the INSURED'S) concerned in the exercise of such rights of recovery. The apportioning of amounts which may be so recovered shall follow the principle that any Interests (including the INSURED'S) 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 is then to be reimbursed out of any balance then remaining up to the amount paid hereunder and, lastly, the interests (including the NSURED'S) of which this coverage is in excess are entitled to claim the residue, if any. Expenses necessary to the recovery of any such amounts shall be apportioned between or among the interests (including the INSURED'S) concerned, in the ratio of their respective recoveries as finally settled. (j) Changes Notice to or knowledge possessed by any person shall not effect a waiver or a change in any part of this POLICY or estop the COMPANY from asserting any right under the terms of this POLICY; nor shall the terms of this POLICY be waived or changed except by endorsement signed by the COMPANY or its authorized representative and issued to form a part of this POLICY. (k) Assignment Assignment of interest under this POLICY shall not bind the COMPANY unless and until its consent is endorsed hereon. (l ) Cross Liability In the event of CLAIMS being made by reason of: (1) PERSONAL INJURY suffered by an employee of one INSURED hereunder; or (2) damage to property belonging to any INSURED hereunder; for which another INSURED hereunder is or may be liable, then this POLICY shall cover such INSURED, subject to tire terms of this POLICY, against whom a CLAIM is made or may be made in the same manner as if separate policies had been issued to each INSURED hereunder. Nothing contained herein shall operate to increase the COMPANY'S Limit of Liability as set forth in Item 2 of the Declarations. (m) Former Subsidiaries and Affiliates If any subsidiary or affiliate of the NAMED INSURED, which is an INSURED hereunder by virtue of Definition (j) hereof, shall cease to be such a subsidiary or affiiate of the NAMED INSURED, then at the time of such cessation the POLICY PERIOD shall automatically expire as to such former subsidiary or affiliate and, if the NAMED INSURED or such subsidiary or affiliate elects in advance of such expiration, an EXTENDED REPORTING PERIOD shall automatically incept as to such former subsidiary or affiliate and continue in force until expiration of the NAMED INSURED'S POLICY PERIOD under this POLICY without additional payment or refund of any premium. (n) Headings The descriptions in the headings and sub-headings of this POLICY are inserted solely for convenience and do not constitute any part of the terms hereof. (o) Insolvency (t) Bankruptcy or insolvency of the INSURED or the INSURED'S estate shall not relieve the COMPANY of any of its obligations hereunder. (2) The insolvency, bankruptcy, receivership or any refusal or inability to pay of the INSURED and/or any insurer shall not operate to: (A) lower the PER OCCURRENCE UNDERLYING AMOUNT; or (B) increase the COMPANY'S liability under this POLICY; and in no event and under no circumstances shall the COMPANY assume or be deemed to have assumed the liabilities and/or responsibilities and/or obligations of the INSURED. ( t AEIA1 .................................. _ 10 o* 16) GLD053736 0049-GLD-000053736 (p) Warranty The NAMED INSURED warrants and agrees as follows: (1) that it has no knowledge at the Inception Date stated in Item 4 of the Declarations of any fact or circumstance not disclosed to the COMPANY in the Application for this POLICY which is likely to give rise to a claim hereunder; and (2) that based upon reasonable inquiry and to the best of its knowledge and belief: (A) al information provided to the COMPANY in the Application for this POLICY is true and correct; and (B) no material information requested has been withheld. (q) Cancellation This POLICY may be cancelled: (1) at any time by the NAMED INSURED by delivering written notice to the COMPANY stating when, not less than thirty (30) days from the date the notice is delivered, cancellation shall be effective; or (2) at any time by the COMPANY by delivering written notice to the NAMED INSURED stating when, not less than ninety (90) days from the date notice was delivered, cancellation shall be effective; except, in the event of cancellation for nonpayment of premiums, such cancellation shall become effective fifteen (15) days after the date notice is delivered. Payment or tender of unearned premium is not a condition of cancellation. Delivery by hand of such notice either by the NAMED INSURED or the COMPANY shall be sufficient delivery. Written notice shall be deemed sufficient delivery if sent by certified mail, return receipt re quested, or by telex and receipt is acknowledged. The POLICY PERIOD shall end on the effective date and hour of cancellation stated in the notice. In the event of cancellation by the INSURED, the premium retained by the COMPANY shall be calculated in accordance with the COMPANY'S short rate table which is attached hereto as Schedule C. In the event of cancellation by the COMPANY, the premium retained by the COMPANY shall be calculated pro-rata based upon the duration of the POLICY PERIOD. For purposes of notice required under this Condition (q) or pursuant to regulation, the offer by the COMPANY of renewal on terms or premiums different from those in effect during the POUCY PERIOD shall not constitute cancellation or nonrenewal of this POLICY by the COMPANY. (r) Arbitration (1) Resolution of Disputes: All disputes between any INSURERS) and the COMPANY (hereafter referred to collectively as the "parties") arising cut of or under this POLICY, whether arising before or after termination erf this POUCY, shall be submitted to arbitration in the manner set forth in this Condition (0. (2) Composition of Panel: Unless the parties agree upon a single arbitrator within fifteen (15) days after the receipt of a notice of intention to arbitrate, all disputes shall be submitted to an arbitration panel composed of two arbitrators and an umpire, chosen in accordance with paragraph (3) or paragraphs (3) and (4) of tills Condition (r). (3) Appointment of Arbitrators: The members of the arbitration panel shall be disinterested, active or retired business executives having knowledge relevant to the matters in dispute. Unless a single arbitrator is agreed upon by the parties, the party requesting arbitration (hereafter referred to as the "initiating party") shall appoint an arbitrator and give written notice thereof, either by telex or by registered or certified mail, return receipt requested, to the other party (hereafter referred to as the "responefing party") together with the notice of intention to arbitrate. If there is more than one initiating party or responding party such parties shall act collectively as a single initiating party or single responding party for all purposes including giving notice of intention to arbitrate or giving answer to such notice, and appointing an arbitrator. The notice of intention to arbitrate shall state with specificity the full names and addresses of the parties, the POUCY pursuant to which arbitration is sought, the nature of the dispute and the relief sought. Within thirty (30) days after receiving the notice of intention to arbitrate, the responding party also shall appoint an arbitrator and notify the initiating party thereof in the same manner as above. Before instituting a hearing, the two arbitrators so appointed shall choose an umpire from among such persons meeting the qualifications set forth in this paragraph (3). If, within twenty (20) days after the appointment of the arbitrator chosen by the responding party or chosen in accordance with paragraph (4) of this Condition (r), the two arbitrators fail to agree upon the appointment of an umpire, the AEIA 1 (11 of 16] GLD053737 0049-G LD-000053737 initiating party shall petition the President of the American Arbitration Association or his delegate to appoint the umpire. In the event that an arbitrator or the umpire withdraws from the pane! or is unable to discharge his or her duties by reason of death, illness, or incompetency or otherwise, a replace ment will be selected in the same manner as provided in the original appointment. (4) Failure of Party to Appoint Arbitrator. If the responding party fails to appoint an arbitrator within thirty (30) days after receiving notice of intention to arbitrate, the initiating party shall appoint such arbitrator who shail then, together with the first arbitrator appointed by the initiating party, choose an umpire as provided in paragraph (3) of this Condition (r). (5) Choice of Law and Fomm: Any arbitration instituted pursuant to this Condition (r) shall be held in the State of Connecticut and the laws of that State shall govern the interpretation and application of this POLICY, except insofar as such laws may prohibit coverage of punitive or exemplary damages r hereunder; provided, however, that the terms of this POLICY are to be construed in an evenhanded fashion as between the INSURED and the COMPANY; without limitation, where the language of this POUCY is deemed to be ambiguous or otherwise unclear, the issue shall be resolved in the manner most consistent with the relevant terms (without regard to authorship of the language, without any presumption or arbitrary interpretation or construction in favor of either the INSURED or the COM PANY) and in accordance with the intent of the parties. In reaching any decision, the panel shall give due consideration to the customs and usages of the insurance industry (6) Submission of Dispute to Panel: The initiating party shall submit its initial orief within twenty (20) days from appointment of the umpire. The responding party shall submit its brief within twenty (20) days after receipt of the initiating party's brief and the initiating party may submit a reply brief within ten (10) days after receipt of the responding party's brief. (7) Procedure Governing Arbitration: All proceedings before the pane) shall be informal and the panel shall not be bound by strict rules of legal procedure or evidence. The panel shall have the power to flx ail procedural rules relating to the arbitration proceeding but cross-examination and rebuttal shall be allowed. (3) Arbitration Award: The arbitration panel shall render its decision within sixty (60) days after termination of the arbitration proceeding which decision shall be in writing and may state the reasons therefor. The decision of the majority of the panel shall be final and binding on the parties to the arbitration . and may induce interest at appropriate market rate(s) and any costs of the arbitration, including a reasonable allowance for attorney's fees. The panel dial! rot itself assess and award punitive or exemplary damages. Judgment may be entered upon the award in any state or federal court having jurisdiction thereof. (9) Cost of Arbitration: Each party shall bear the expense of its own arbitrator and shall jointly and equally bear with the other party the expense of the umpire. In the event that both arbitrators are chosen by the initiating party, as provided for in paragraph (4) of this Condition (r), the initiating party and the responding party shall each pay half of the expenses of both arbitrators and the umpire. The remaining costs of the arbitration proceeding shall be allocated by the panel. (s) Currency (1) The premiums and tosses under this POLICY are payable, and the amounts set forth in the Decla rations are expressed, in United States currency. (2) If judgment is rendered or settlement is denominated, or another element of ULTIMATE NET LOSS is stated, in a currency other than United States currency, payment under this POLICY shall be made in United States currency at the rate of exchange prevailing on the date the final judgment is rendered, the amount of the settlement is agreed upon or the other element of ULTIMATE NET LOSS is due, respectively. ( AE1A t [12 Of 16] i GLD053738 0049-GLD-000053738 V. DEFINITIONS As used in this POLICY: (a) "ADVERTISING OFFENSE" means DAMAGES arising out of the INSURED'S advertising activities on account of libel, slander, defamation, invasion of right of privacy, piracy, unfair competition, idea misap propriation under an implied contract, or infringement of copyright, title or slogan (other than a patent) committed in any advertisement, publicity article, broadcast or telecast; (b) "AIRCRAFT' means any heavier than air or lighter than air aircraft designed to transport any person or property, missile or spacecraft; (c) "ANNUAL PERIOD" means the period of twelve months commencing at: (1) the effective date of cancellation or the Expiration Date of the POLICY PERIOD; or (2) the expiration date of any prior ANNUAL PERIOD; (d) "AUTOMOBILE" means a land motor vehicle, trailer or semi-trailer; (e) "CLAIM" means: (1) any written demand, suit or proceeding against any INSURED by a specifically identified person, entity or asserted class for DAMAGES because of PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE; or (2) any written notice of PERSONAL INJURY. PROPERTY DAMAGE or ADVERTISING OFFENSE by any specifically identified person, entity or asserted class; (f) "COMPANY" means the American Excess Insurance Association on behalf of its member insurance companies as set forth in Endorsement Number 1 to this POLICY; (g) "DAMAGES" mean all forms of compensatory damages, and punitive-or exemplary damages, but "DAM AGES" do not include governmental, civil or criminal fines or penalties or DEFENSE EXPENSES; (h) "DEFENSE EXPENSES" means reasonable and necessary legal fees and other expenses which are incurred by or on behalf of the INSURED in the investigation, adjustment, settlement or litigation of claims and which are paid as a consequence of an OCCURRENCE covered hereunder; excluding ail salaries of the INSURED'S employees, officers and directors and office expenses; (i) "EXTENDED REPORTING PERIOD" means the period, if applicable, commencing, with respect to the INSURED, at the effective date of cancellation or the Expiration Date stated in item 4 of the Declarations or, with respect to a former subsidiary or affiliate of the NAMED INSURED, at the automatic expiration date provided for in Condition (m) hereof and terminating as provided in paragraph 1(b) or Condition (m) hereof, whichever is applicable; (j) "INSURED" means the following to the extent set forth below: (1) the NAMED INSURED and, if the NAMED INSURED is designated in Item 1 of the Declarations as a partnership or joint venture, the partnership or joint venture so designated and each partner or member thereof but only with respect to his or its liability as a partner or member; (2) (A) any subsidiary or affiliate erf the NAMED INSURED whose accounts, as of foe date of the financial statements of foe NAMED INSURED submitted to the COMPANY most recently prior to the rating of foe premium for foe POLICY PERIOD: (i) are consolidated in foe financial statements of foe NAMED INSURED in accordance with generally accepted accounting principles in the United States of America (or, in the case of any foreign NAMED INSURED, any subsiefiary or affiliate whose accounts would be consolidated in the financial statements of such NAMED INSURED if such accounts would have been consolidated in accordance with generally accepted accounting principles in the United States of America); or (ii) were eligible for such consolidation and whose financial statements were submitted to the COMPANY as of such date; and/or (B) any subsidiary or affiliate of the NAMED INSURED listed on Schedule A hereto; (3) (A) any executive officer, other employee or director of; or (B) any person or organization while acting as real estate manager for; any person or entity named in paragraph (1) or (2) of this Definition (j) while acting within the scope of his or its duties as such; except with respect to the ownership, maintenance or use, including loading and unloading, of any AUTOMOBILE; AHA 1 (13 of 161 GLD053739 0049-GLD-000053739 (4) with respect to the ownership, maintenance or use, including loading and unloading, of any AUTO MOBILE: (A) owned by, lent to or hired for use by or on behalf of any person or entity named in paragraph (1) or (2) of this Definition . any person (inducting an employee of such person or entity) while using such AUTOMOBILE and any person or organization legally responsible for the use thereof, provided its actual use is with the permission of such person or entity; (B) not owned by, lent to or hired for use by or on behalf of any person or entity named in paragraph (1) or (2) of this Definition (j), any executive officer, director, partner, employee or stockholder of such person or entity, but only while such AUTOMOBILE is bang used in the business of such person or entity: but none of the following shall be an INSURED under this paragraph (4) of Definition (j): (C) any person while employed in or otherwise engaged in duties in connection with an AUTO MOBILE sales agency, repair shop, service station, storage garage or public parking place not operated by any person or entity named in paragraph (1) or (2) of this Definition (j); (D) the owner or lessee (of whom such person or entity is sub-lessee) of any AUTOMOBILE hired for use by or on behalf of or lent to such person or entity, and any agent or employee of such owner or lessee; (5) any person or organization except; (A) any organization acquired or formed by or merged with an INSURED after the Inception of the POLICY PERIOD; and/or (B) where such other person or organization is engaged in a joint venture with the NAMED INSURED; to whom any person or entity named in paragraph (1) or (2) of this Definition (j) is obligated by virtue of a written contract or agreement to provide insurance such as is afforded by this POLICY, but only to the extent of such obligation and only with respect to operations (other than commercial insurance operations) performed by such person or entity or facilities owned or used by such person or entity: (6) it is agreed to automatically include as an INSURED without adjustment of premium under this POLICY, any entity acquired or formed by or merged with an INSURED (a "Potential Additional INSURED") subsequent to the Inception Date stated In Item 4 of the Declarations and prior to the effective date of cancellation of the POLICY or the Expiration Date stated in Item 4 of the Declarations provided that the fair value of the sum of all cash, securities, assumed indebtedness and other consideration expended by all INSUREDS for any such acquisition, formation or merger does not exceed 5% of the total assets of the NAMED INSURED and its consolidated subsidiaries and affiliates as most recently reported to the COMPANY for rating purposes prior to the POLICY PERIOD, and provided further, that neither the operations of the Potential Additional INSURED prior to such acquisition, formation or merger nor the resultant combined or consolidated operations of such INSURED and the Potential Additional INSURED subsequent to such acquisition, formation or merger are materially different from those of such INSURED prior to such acquisition, formation or merger. Unless notice to the COMPANY shall have been given and any additional premium required by the COMPANY shall have been paid in respect of the acquisition or formation of or merger with any Potential Additional INSURED not meeting the criteria set forth in this paragraph (6) of Definition (j), such Potential Additional INSURED shall not be an INSURED hereunder; provided, however, it is understood and agreed that the COMPANY shall have no obligation to insure such Potential Additional INSURED hereunder and may in Its sole discretion decline to provide insurance for such Potential Additional INSURED not meeting the criteria set forth in this paragraph (6). With respect to any OCCURRENCE giving rise to liability of any Potential Additional INSURED that qualifies to be an INSURED hereunder, the RETROACTIVE DATE shall be: (A) in the case of automatic inclusion, the date of acquisition, formation or merger of the Potential Additional INSURED by an INSURED; or (B) in the case where an additional premium is paid, the date of acquisition, formation or merger of the Potential Additional INSURED by an INSURED or such other date as may be agreed between the NAMED INSURED and the COMPANY; (k) "INSURED'S PRODUCTS" means: (1) goods or products manufactured, sold, tested, handled or distributed by the INSURED or others trading under its name if the end-use thereof occurs after possession of such goods or products has been relinquished to others by the INSURED or by others trading under its name and if such use occurs away from premises owned, rented or controlled by the INSURED; provided such goods or products shall be deemed to include any container thereof other than an AUTOMOBILE, WATER CRAFT or AIRCRAFT; and/or AHA 1 [14 of 16] ( GLD053740 0049-GLD-000053740 (2) materials that were the subject of completed dr abandoned OPERATIONS of the INSURED; (l ) "NAMED INSURED" means the person or organization first named in Item 1 of the Declarations; (m) "OCCURRENCE" means: (1) an event or a continuous, intermittent or repeated exposure to conditions which causes, allegedly causes or is deemed to cause PERSONAL INJURY or PROPERTY DAMAGE or gives rise, allegedly gives rise or is deemed to give rise to ADVERTISING OFFENSE, where: (A) the event or conditions commence subsequent to the RETROACTIVE DATE and prior to the effective date of cancellation or the Expiration Date stated in Item 4 of the Declarations; (B) all of such PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE commences subsequent to the RETROACTIVE DATE; and (C) some of such PERSONAL INJURY. PROPERTY DAMAGE or ADVERTISING OFFENSE com mences prior to the effective date of cancellation or the Expiration Date stated in Item 4 of the Declarations; or (2) use of an INSURED'S PRODUCT: (A) which causes, allegedly causes or is deemed to cause PERSONAL INJURY or PROPERTY DAMAGE where some of such PERSONAL INJURY or PROPERTY DAMAGE commences prior to the effective date of cancellation or the Expiration Date stated in Item 4 of the Declarations; and, except as may be specifically agreed between the NAMED INSURED and the COMPANY in an endorsement hereto: (B) where all PERSONAL INJURY and PROPERTY DAMAGE resulting from such use commences entirely at or subsequent to the RETROACTIVE DATE; and (C) where the INSURED at the Inception Date stated in Item 4 of the Declarations has no knowledge or notice of any defect or hazard or alleged defect or hazard associated with the INSURED'S PRODUCTS or similar products causing or allegedly causing such PERSONAL INJURY or PROP ERTY DAMAGE; arid which PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE is reasonably neither expected nor intended by the INSURED. Where the INSURED becomes liable for a series of and/or several losses, PERSONAL INJURIES, PROP ERTY DAMAGES or ADVERTISING OFFENSES which' result directly or indirectly from the same or sub stantially the same event, conditions, cause, defect or hazard or alleged defect or hazard or failure to warn or alleged failure to warn of such, all such losses, PERSONAL INJURIES. PROPERTY DAMAGES or ADVERTISING OFFENSES shall be added together and shall be treated as one OCCURRENCE irrespec tive of the period or area over which the losses, PERSONAL INJURIES. PROPERTY DAMAGES or AD VERTISING OFFENSES occur or the number of such losses, PERSONAL INJURIES. PROPERTY DAMAGES or ADVERTISING OFFENSES. With respect to losses. PERSONAL INJURES, PROPERTY DAMAGES or ADVERTISING OFFENSES re sulting or alleged to result from fhe design, formulation, manufacture, distribution, use, operation, main tenance or repair of an INSURED'S PRODUCT or the failure to warn as to the use, operation or maintenance of an INSURED'S PRODUCT, the term "the same or substantially the same event, conditions, cause, defect or hazard or alleged defect or hazard or failure to warn or alleged failure to warn of such" shall mean any such design, formulation, manufacture, distribution, use, operation, maintenance, repair or failure to warn, as the case may be, from which such losses, PERSONAL INJURIES, PROPERTY DAM AGES or ADVERTISING OFFENSES directly or indirectly result; (n) "OPERATIONS" means operations of the INSURED away from premises owned, rented or controlled by the INSURED and includes materials, parts or equipment furnished in connection therewith. OPERATIONS shall be deemed completed at the earliest of the following times: (1) when all OPERATIONS to be performed by or on behalf of the INSURED under the contract have been completed; (2) when all OPERATIONS to be performed by or on behalf of the INSURED at the site of the OPERA TIONS have been completed; or (?) when the portion of the work out of which the injury or damages arise has been put to its intended use by any person or organization other than another contractor or subcontractor engaged in performing OPERATIONS for a principal as a part of the same project; AEIA 1 [15 of 16] GLD053741 0049-GLD-000053741 (o) "OTHER INSURANCE" means any other insurance available to the INSURED which, irrespective of the existence of this POLICY, indemnifies the INSURED for, or pays on behalf of the INSURED, DAMAGES or DEFENSE EXPENSES with respect to an OCCURRENCE for which DAMAGES or DEFENSE EXPENSES, depending bn the amount(s) thereof, may be indemnifiable or payable under this POLICY; except OTHER INSURANCE does not include insurance under any policy or policies issued by the COMPANY or insurance under any policy or policies in which this POLICY is specifically scheduled as underlying insurance or under any policy which is scheduled in this POLICY as insurance in excess of this POLICY; (p) "PER OCCURRENCE UNDERLYING AMOUNT" means the amount stated in Item 3 of the Declarations; (q) "PERSONAL INJURY" means: (1) bodily injury, shock, fright, mental injury, mental anguish, disability, sickness or disease sustained by any person, including death at any time resulting therefrom; (2) injury arising out of false arrest, detention or imprisonment, malicious prosecution, wrongful entry or eviction or other invasion of die right of private occupancy, humiliation or discrimination because of race, religion, age, sex or physical disability (unless insurance therefor is prohibited by law); and (3) except with respect to injury occurring in the course of the INSUFED'S advertising activities, injury arising out of the publication or utterance of a libel or slander or of other defamatory or disparaging material, or a publication or utterance in violation of an individual's right of privacy; (r) "POLICY" means all the terms of insurance issued by the COMPANY to the NAMED INSURED for the POLICY PERIOD set forth in Item 4 of the Declarations including the Application herefor, the Declarations and Schedules hereto and any Endorsements at any time endorsed hereon; (s) "POLICY PERIOD" means the period set forth in Item 4 of the Declarations commencing with the Inception Date and terminating with the effective date of cancellation or the Expiration Date; (t) "POLLUTANT" means any solid, liquid, gaseous or thermal irritant, contaminant or toxic or hazardous substance or any substance which may, does or is alleged to affect adversely the environment, property, persons or animals, including smoke, vapor, soot, fumes, acids, alkalis, chemicals and WASTE; (u) "PROPERTY DAMAGE" means: (1) physical injury to or destruction of tangible property including the loss of use thereof at any time resulting therefrom; or (2) loss of use of tangible property which has not been physically injured or destroyed; (v) "RETROACTIVE DATE" means the time and date stated in Item 5 of the Declarations or, with respect to any Potential Additional INSURED, the date provided for in paragraph (6) of Definition (j); (w) "ULTIMATE NET LOSS" means the total sum which the INSURED shall become obligated to pay as DAMAGES and/or DEFENSE EXPENSES on account of PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE, either by final judgment against the INSURED after trial or by settlement ap proved in writing by the COMPANY after making proper deduction for all recoveries and salvages collec tible; (x) "WASTE" means POLLUTANTS that are or are to be disposed of or stored for or as disposal, or are to be or are being recycled, reconditioned or reclaimed; (y) "WATERCRAFT" means any ship or vessel of whatever type including, but not limited to, cargo vessels, passenger vessels, other vessels used for transport, towboats and barges, vessels used in the construc tion of pipelines, platforms or other facilities, storage vessels, tanker vessels, drill ships, offshore drilling platforms, drilling barges (including, without limitation, submersible drill barges, semi-submersible chill barges and self-elevating drill barges) and all other vessels of whatever nature and description, all whether or not self-propelled. IN WITNESS WHEREOF, each of the members of the COMPANY has caused this POLICY to be signed on its behalf by the President and a Secretary of the COMPANY and countersigned on the Declarations Page by a duly authorized agent of the COMPANY. AEIA 1 [IS of 161 GLD053742 0049-GL D-000053742 Schedules A. Subsidiaries or affiiates which form part of the NAMED INSURED -- See Definition (j)(2}(8) ARC America, Inc. effective i 1/1/89 -'' ........................................ < --............................................. II I ............... ' --... .nil .--Ml I I '................. I ------------------- --"" ..............v--,.. .............. - ' ..... . .-- ii " ' - '--V. - --- - ......... - " w.. . B. Additional premiums for the EXTENDED REPORTING PERIOD --- See Coverage (b) Year of Per Cent of Extended Premium Reporting Stated In Items Period ofthe Declarations 1st year. ................ _u% 2nd year ................ _2.% 3rd year ................ _L% Yearcf Per Centof Extended Premium Reporting Stated in Item 8 Period ofthe Declarations 4th year .... .......... 7 % 5th year -- .......... 5 % C. COMPANY'S Short Rate Table -- See Condition (q) Oaye Policy In Force Per CentOf Premium Stated in Item 6 ofthe Declarations Days Policy In Force Par Cent of Premium Stated in Item 6 of the Declarations 1 ................................ 5% 95-98 .................. .......... 37% 2........... 99-102 ............... .......... 38 3-4................................ 7 103-105 ................ ......... 39 5-6........... ................... 8 106-109 ................ .......... 40 7-8................................ 9 110-113 ................ ......... 41 9-10................................ 10 114-116 ................ .......... 42 11-12 ................................ 11 117-120 ................ .......... 43 13-14................................ 12 121-124 ................ .......... 44 15-16 ................................ 13 125-127 ................ .......... 45 17-18................................ 14 128-131 ................ 19-20 ................................ 15 132-135 ................ .......... 47 21-22........................:.... i6 136-138 ................ .......... 48 23-25 ................................ 17 139-142 ................ .......... 49 26-29 ................................ 18 143-146 ................ .......... 50 30-32 ................................ 19 147-149 ................ .......... 51 33-36 ................................ 20 150-153 ............. .......... 52 37-40................................ 21 154-156 ................ ......... 53 41-43................................ 22 157-160 ................ .......... 54 44-47 ................................ 23 161-164 ................ ......... 55 48-51 ................................ 24 165-167 ................ .......... 56 52-54 ................................ 25 168-171 ............. . ......... 57 55-58 ........... ..................... 26 172-175 ........... . .......... 58 59-62 .......... ..................... 27 176-178 ................ .......... 59 63-65 .......... ..................... 28 179-182 ................ ....... 60 66-69 .......... ..................... 29 183-187................ .......... 61 70-73 ................................ 30 168-191 ................ .......... 62 74-76 ......... ..................... 31 192-196 ................ .......... 63 77-80 ................................ 32 197-200 ................ .......... 64 81-33 .......... ..................... 33 201-205 ................ .......... 65 84-87 .......... ..................... 34 206-209 ................ .......... 68 88-91 ......... ..................... 35 210-214 ................ .......... 67 92-94 ......... ..................... 36 215-218 ................ .......... 68 Days Policy In Fores Per Cent of Premium Statadin Items of the Declarations 219-223 ...... ................... 69% 224-228 ...... ................... 70 229-232 ...... ................... 71 233-237 ...... ............. 72 238-241 ..... ................... 73 242-246 ...... ................... 74 247-250 ...... ................... 75 251-255 ...... ................... 76 256-260....... ............... . 77 261-264 ...... ................... 78 265-269 ...... ................... 79 270-273 ...... ........ ......... . 80 274-278 ...... ................... 81 279-282 ...... ................... 82 283-287 ...... :::::::::::::-5 288-291 ...... 292-296 ...... ................... 85 297-301 ...... .............. . 86 302-305 ...... ................... 87 306-310 ...... ................... 88 311-314 ...... ........... . 09 316-319 ...... ................... 90 320-323 ...... 324-328 ...... .................... 92 329-332 ...... .................... 93 333-337 ...... .................... 94 338-342 ...... .................... 95 343-346 ...... 347-351 ...... .................... 97 352-355...... .................... 98 356-360 ..... ................... 99 361-365 ...... .................... 100 D. WATERCRAFT and risks not excluded under Exclusion (b). Tug boat "Satin Lady" plus 3 barges in Baltimore, MD for Hanson Industries. 13 barges, 2 steel hull dredges and 2 towboats used by Dredging & HauliP-gj- Inc, in Ohio River.__________________________________ ............ ........ --....... ....... ............ --........ V .... .. ...................... .......... ------------- ................................................................. AEIA 13 [1 of 1] GLD053743 0049-GLD-000053743 LIABILITY OF INSURERS ENDORSEMENT Endorsement Number 1. Effective Date of Endorsement October 1st 1989 Attached to and forming part of POLICY Number NAMED INSURED Hanson Industries HN000036689 It is hereby understood and agreed between the NAMED INSURED and the insurance companies listed below, which are the members of American Excess Insurance Association (referred to in the POLICY as "the COM PANY"), as follows: (1) the insurance afforded by this POLICY is provided by the several separate insurance companies listed below (hereafter the "insurance companies") and not by the American Excess Insurance Association which is not an insurance company; (2) the liability of the insurance companies shall be several and not joint. The liability of each insurance company shall be separate and apart from the liabilities of all other insurance companies and in no event shall any insurance company participate in the liability of any other insurance company; (3) the maximum liability of all the insurance companies shall be the total of the percentage participations of such insurance companies as listed below, which total of percentage participations is rrf&75,000.000 ; (4) each insurance company shall only be liable under the POLICY for the percentage, set opposite its name below, of any ULTIMATE NET LOSS; provided that: (A) in the event that the total of the percentage participations of the insurance companies listed below is less than 100% of $?.5 ..Q.0.0J2.0Q--, then, in respect of any ULTIMATE NET LOSS, irrespective of the amount thereof, the INSURED shall have no right of recovery under this POLICY for the uninsured percentage of such ULTIMATE NET LOSS, which uninsured percentage is the percentage by which such total of the percentage participations is less than 100%; (B) in no event shall any insurance company pay more than the percentage set opposite its name of the amount stated in Item 2 of the Declarations as the COMPANY'S Limit of Liability; (C) in the event that any insurance company for any reason whatsoever, including but not limited to the insolvency or financial impairment of such insurance company, is unable or refuses to indemnify any INSURED in respect of the percentage of any ULTIMATE NET LOSS for which such insurance company is liable, no other insurance company or companies shall be liable for such percentage and the INSURED shail have right of recovery of such percentage only from the insurance company which is so unable or so refuses. INSURANCE COMPANIES THE AETNA CASUALTY AND SURETY COMPANY AMERICAN HOME ASSURANCE COMPANY CONTINENTAL CASUALTY COMPANY FEDERAL INSURANCE COMPANY THE CONTINENTAL INSURANCE COMPANY UNITED STATES FIRE INSURANCE COMPANY GENERAL STAR NATIONAL INSURANCE COMPANY THE HOME INSURANCE COMPANY INSURANCE COMPANY OF NORTH AMERICA MARYLAND CASUALTY COMPANY NAC REINSURANCE CORPORATION ROYAL INSURANCE COMPANY OF AMERICA THE TRAVELERS INDEMNITY COMPANY ZURICH INSURANCE COMPANY, U.S. BRANCH PERCENTAGE PARTICIPATION 16.33% 7.50% 7.50% 8.83% 7.50% 7.50% 1.33% 1.33% 13.34% 1.50% 1.50% 4.00% 13.34% 8.50% AEIA2 President Signature of Authorized Representative Farmington Management, Inc. [1 of 1] GLD053744 0049-GLD-000053744 AMERICAN EXCESS INSURANCE ASSOCIATION ARCHITECTS, ENGINEERS OR SURVEYORS PROFESSIONAL LIABILITY EXCLUSION ENDORSEMENT It is agreed that this POLICY shall not apply to any liability or alleged liability of the INSURED for PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE in any manner arising out of any act, error or omission in the rendering of or failure to render professional services by architects, engineers or surveyors, including, but not limited to: (1) the preparation or approval of maps, plans, opinions, reports, surveys, designs or specifications; and (2) supervisory, inspection or engineering services; provided, however, that this exclusion shall not apply if such professional services are provided in connection with the construction services of the insured in the same contract that provides for such construction services and if no separate fee is charged for such professional services. This endorsement forms a part of the POLICY to which attached, effective on the inception date of the POLICY unless otherwise stated herein. (The information below is required only when this endorsement is issued subsequent to preparation of the POLICY.) Endorsement effectivePolicy No. Endorsement No._ NAMED INSURED AEIArl5 Countersigned by: (Authorized Representative) GLD053745 0049-GLD-000053745 MANDATORY ENDORSEMENT (For Use on Policies Issued In New York) It is agreed that such insurance as is afforded by the Policy is amended as follows: 1. "Pay On Behalf Of" is substituted for "Indemnify" whenever such word appears in the Policy. 2. By the addition of "... or the licensed agent of the Company ..." after the word "... Company ..." in the seventh (7th) line of IV Condition (c) Notice of Occurrence or Claim. 3. IV condition (q) Cancellation is amended to read as follows: "(q) Cancellation or Non-Renewal This POLICY may be cancelled: (1) at any time by the NAMED INSURED by delivering written notice to the COMPANY stating when cancellation shall be effective; or (2) by the COMPANY by delivering written notice to the NAMED INSURED stating when, not less than ninety (90) days from the date notice was delivered, cancellation shall be effective; except, in the event of cancellation for nonpayment of premiums, such cancellation shall become effective fifteen (15) days after the date notice is delivered. Payment or tender of unearned premium is not a condition of cancellation. After the new or renewal POLICY has been in force for more than sixty (60) days, the POLICY may be cancelled by the COMPANY only if: (a) required pursuant to a program approved by the Superintendent of Insurance of the State of New York as necessary because a continuation of the present premium volume would be hazardous to the interests of policyholders of the COMPANY, its creditors or the public, or 1- - GLD053746 0049-GLD-000053746 (b) the cancellation is based on one or more of the following reasons: (A) Non-payment of premium. (B) Conviction of a crime arising out of acts increasing the hazard insured against, (C) Discovery of fraud or material misrepresentation in obtaining the POLICY or in the presentation of a claim thereunder, (D) Discovery of willful or reckless acts or omissions increasing the hazard insured against, (E) Physical changes in the property insured occurring after issuance or last annual anniversary data of the POLICY which result in the property becoming uninsurable in accordance with the COMPANY'S objective, uniformly applied underwriting standards in effect at the time the POLICY was issued or last voluntarily renewed, or (F) A determination by the Superintendent of Insurance of the State of New York that the continuation of the POLICY would violate or would place the COMPANY in violation of the laws of the State of New York. In the event the POLICY is non-renewed by the COMPANY, written notice of its intention to non-renew shall be delivered by the COMPANY to the NAMED INSURED at least sixty (60) days prior to the termination or renewal date of the POLICY. Such notice shall state the reasons for non-renewal. No increase in rates for such POLICY shall be imposed unless written notice of intention thereof is delivered to the NAMED INSURED at least sixty (60) days prior to the anniversary date of such POLICY. -2- GLD053747 0049-GLD-000053747 Delivery by hand of such notice either by the NAMED INSURED or the COMPANY shall be sufficient delivery. Written notice shall be deemed sufficient delivery if sent by certified mail, return receipt requested, or by telex and receipt is acknowledged. The POLICY PERIOD shall end on the effective date and hour of cancellation stated in the notice. In the event of cancellation by the INSURED, the premium retained by the COMPANY shall be calculated in accordance with the COMPANY'S short rate table which is attached hereto as Schedule C. In the event of cancellation by the COMPANY, the premium retained by the COMPANY shall be calculated pro-rata based upon the duration of the POLICY PERIOD. For purposes of notice required under this condition (q) or pursuant to regulation, the offer by the COMPANY of renewal on terms or premiums different from those in effect during the POLICY PERIOD shall not constitute cancellation or non-renewal of this POLICY by the COMPANY." 4. The definition of (g) "DAMAGES" of V Definitions is amended to read as follows: "DAMAGES" means damages on account of PERSONAL INJURY, PROPERTY DAMAGE or ADVERTISING OFFENSE, but "DAMAGES" do not include governmental, civil or criminal fines or penalties and "DEFENSE EXPENSES". 5. Subparagraph 2 of (q) "PERSONAL INJURY" is amended to read as follows; "(2) injury arising out of the false arrest, detention or imprisonment, malicious prosecution, wrongful entry or eviction or other invasion of the right of private occupancy, or humiliation; and --" -3- GLD053748 0049-GL D-000053748 It is further agreed that as a consequence of this amendment, coverage for injury arising out of the discrimination is excluded and is not covered by the Policy. AEIA-S-6 -4- GLD053749 0049-GLD-000053749 lames ESTIMATED SALES SINCLAIR 10/1/89 TO 10/1/90 (000'S) DIVISION 1990 SALES A&S BUILDING ANDERSON HICKEY AXELSON BAYLIS BROTHERS BROWN MOULDING COLUMBIA LIGHTING DUKE CITY ENCINO SHIRT GEORGIA BOOT HURON KEYSTONE LIGHTING LEON PLASTICS M W MANUFACTURERS NEVCO HOUSEWARES PRESCOLITE RAU FASTENERS SUPERLITE BUILDERS. TETERS FLORAL UNITED CHAIR BALTIMORE SPICE PROCTOR SCHWARTZ SCM CHEMICALS SCM GLIDCO ORGANICS SCM METAL PRODUCTS 49,645 '41,266 32,057 ""97,888 "77,700 i/32,548 c-' 0 68.880 11,340 75,611 12,782 40,586 30,608 66,150 '"60,176 U 17,038 >"528,915 33,600 / 69,300 TOTAL SINCLAIR 1,680,708 / GLD053750 0049-GLD-000053750 ESTIMATED SALES MAJOR 10/1/89 TO 10/1/90 (000'S) DIVISION 1990 SALES ARCHITECTURAL AREA LIGHTING <5,355 ASSOCIATED TESTING 1/5,670 ALANTIC CONTRACT CARRIERS <8,53 5 BAYLESS STATIONERS /55,913 BEAR ARCHERY COMPANY ''24,575 BEARING INSPECTION, INC. .< 0 BRIGHT STAR INDUSTRIES, INC.<11,817 W.D. BYRON S SONS, INC. --/.'v; <61,950 CHATAS GLASS COMPANY, INC.^-<t9,-s>-.LV-' < 751 CONTINENTAL OFFICE SUPPLY - .. >-5,426 CRAIG SYSTEMS CORPORATION ' ><1.5,488 DEVINE LIGHTING, INC. <12,023 DOUGLAS RANDALL DIVISION <i,827 DURA STEEL /l3,125 EAM, INC. (<2,625 THE ERTL COMPANY 78,047 FARBERWARE <111,300 FASHION, INC. < 9,345 GARDEN STATE TANNING <43,050 GREENWALD INDUSTRIES DIVISION 1/15,750 GROVE MANUFACTURING COMPANY <174,958 HALKEY-ROBERTS CORPORATION t 11,934 ISLES INDUSTRIES, INC. < 6,909 JACUZZI BROTHERS DIVISION >-28,031 JACUZZI WHIRLPOOL BATH <78,750 THE JADE CORPORATION >24,150 JADE TECHNOLOGIES, INC. <9,450 JW LIGHTING, INC. <18,900 KENT/DURA <8,190 KEYSTONE LAMP MANUFACTURING CORP. <15,750 KIDDE CONSULTANTS, INC. ./41,840 KIDDE CREDIT CORP. ><6,914 KIDDE RECREATION PRODUCTS -< 0 KIM LIGHTING, INC. <33,600 MARVIN ELECTRIC MANUFACTURING CORP. -32,742 MCQUIDDY OFFICE SUPPLY <42,000 NATIONAL CRANE CORPORATION /34,503 NEW JERSEY OFFICE SUPPLY <189,237 NEWPORT PLASTICS CORPORATION < 2,520 PIEDMONT MOULDING CORPORATION /8,664 PROGRESS LIGHTING <0 REXAIR INC. <57,356 ROSS-MARTIN >24,377 SCHWABACHER/FREY INC. >29,400 SCOTT RICE >-56,780 GLD053751 0049-GLD-000053751 James ESTIMATED SALES MAJOR 10/1/89 TO 10/1/90 (000'S) DIVISION SHADECO, INC. SPARTUS CORPORATION SPAULDING LIGHTING, INC. SUNSET LAMP THEURER, INC. TOMMY ARMOUR GOLF COMPANY TOSE-FOWLER, INC. TUCKER HOUSEWARES UNIVERSAL GYM EQUIPMENT THE VALLEY COMPANY WEBER AIRCRAFT DIVISION TOTAL MAJOR SALES 1990 SALES 0 /66,150 42,265 i/13,514 /26,250 1/32,764 29,930 `''116,239 35,921 i/15,992 i' 0 1,798,550 - /- 3 GLD053752 0049-GLD-000053752 James HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES BULLDOG DIVISIONS 0. AMES CO MANUFACTURERS AND DISTRIBUTORS OF A UIDE RANGE OF LAUN ANO GARDEN TOOLS. HAJOR LOCATIONS PARKERSBURG, WV ELYRIA, OH READING, PA CAR2S8ROOK SUPPLIER OF DECORATOR PILLOWS, HASSOCKS, CUSHIONS ANO CHAIR PADS. SPECIALITY TEXTILE MACHIKERY FOR KNITTED FABRICS. QUALITY LACE PRODUCTS. HIGH QUALITY YARNS. NEW YORK, NY ANNISTON, AL RICHMOND, VI MOORESVILLE, NC GLEN FALLS, NY WOOOSIDE, NY CARYSBROOK, VI EMDICOTT JOHNSON MANUFACTURERS, RETAILERS, AND IMPORTERS OF SAFETY, SPORT ANO CASUAL SHOES. EMDICOTT, NY JOKHSON CITY, MY FORREST CITY, PA fUNKHANNOCK, PA FARMINGTON, MO CARLYLE, IL MILDRED, PA HANSON CORPORATE CORPORATE HEADQUARTERS ISELIN, NJ GLD053753 0049-G LD-000053753 James KAISER CEMENT CEMENT, CLINKER, CONCRETE, AND AGGREGATE. TOTAL BULLDOG OAKLAND, CA PERMANENT, CA SAN ANTOKJO, TX HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES MAJOR LOCATIONS SINCLAIR DIVISIONS THE GROUND ROUND RESTAURANTS-"DIVISION PROJECTED TO BE SOLD EFFECTIVE 10/01/89 178 LOCATIONS 30 OWNED 148 LEASED ASS BUILDING SYSTEMS PRE-ENGINEERED METAL 8UILDING PARTS, AND COMPONENTS. HOUSTON, TX CARYVILLE, TN ANDERSON-HICKEY LATERAL AND VERTICAL FILING CABINETS, OESKS, COMPUTER WORK STATIONS, CREDENZAS, STORAGE CA8INETS, MACHINE STANDS, BOOKCASES, CONFERENCE S WORK TABLES, WOOD CHAIRS ' AND CONTEMPORARY PLASTIC CHAIRS. HENDERSON, TX HALLS, TK AXELSON EQUIPMENT FOR THE PRODUCTION, PIPELINE LONGVIEW. TX 0049-GLD-000053754 James AND PROCESSING SEGMENTS OF THE ENERGT BUSINESS. COL. SPRINGS, CO HANSOM INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES BATLIS BROTHERS HAND-SMOCKED DRESSES FOR GIRLS NEUBORN THROUGH SIZE 14CP0LLT FLINDERS, PRINCESS ANKE,ENFANT COUTURE). BROWN MOULDING LINEAL WOOD MOLDING, FINGER JOINTS, PRE-CUT CASTINGS AND JAMBS. COLUMBIA LIGHTING SPEC GRADE FLUORESCEST LUMINAIRES FOR THE COMMERCIAL BUILDING MARKET DUKE CITY LUMBER DEMENS!ON LUMBER,BOARDS, TIMBERS TREATED LUMBER AND SOLID, FINGER JOINT AND VINYL CLAO MOULDINGS MAJOR LOCATIONS CINKINNATI, OH BARBADOS, U! ST. VINCENT, Wt MONTEVALLO, AL HOFFMAN, NC LAKE MONROE, FL SHREVESPORT, LA LOUISVILLE, KY ALBUQUERQUE, NM SPOKANE, VA GREENSBORO, NC ALBUQUERQUE, NM CUBA, NM ESPAHOLA, NM UINSLOU, AZ SPLENDORA, TX u GLD053755 0049-GL.D-000053755 James HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION ENCINO SHIRT PRODUCT LINES SWEATER SHIRTS, MEN'S BOY'S CUT & SEW KNITS, LADIES' WEAR OPERATION BEING CLOSED DOWN MAJOR LOCATIONS CONCORD, NC KT. PLEASENT, NC FAIRMONT, NC MOULTON, Al GEORGIA BOOT BOOTS AND SHOES FOR THE WORK, OUTDOORS LEISURE AND WESTERN WEAR MARKETS(GEORGIA BOOT, NORTHLAKE, DURANCO BOOT AND DURANGO WEST}. FRANKLIN, TN CHAPEL HILL, TN CENTERVILLE, TN BIA1RSVILLE, GA HURON VACUUM AND WATER FITTINGS, BRAZED AND WELDED ASSEMBLIES, SPACERS, PORT PLUGS, AUTOMOTIVE VALVES AND AIR PIPE FITTINGS. LEXINGTON, MI KEYSTONE LIGHTING COMMERCIAL AND INDUSTRIAL FLUORESCENT LIGHTING FIXTURES. BRISTOL, PA LEON PLASTICS MOLDED PLASTIC PARTS GRAND RAPIDS, MI ALDA, N8 OPERATION HU MFG. HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 PRODUCT LINES WOOD WINDOW, FLUSH DOORS, BIFOLO DOORS, CURVED PLYUOOO AND ADHESIVES. MAJOR LOCATIONS ROCKEY MOUNT, NC FAYETTVILLE, NC THOMASVILLE, NC MIAMI, FL _ } GLD053756 0049-GLD-000053756 James NEVCO PROMOTIONAL HOUSEUEARS GARFIELD, KJ PRESCOLITE RAU FASTENER INDOOR AND OUTDOOR LIGHTING UTILIZING INCANOESCENT, HIGH INTENSITY DISCHARGE AKO FLOURESCENT LIGHT SOURCES. DIMMING PRODUCTS LIGHTING CONTROL SYSTEMS. SAN LEANDRO, CA CARROLTON, TX EL DARADO, AR PINE BROOK, NJ ONTARIO, CAN HETAL SNAP FASTENERS, EYELETS, BUCKLES, AMO OTHER MENTAL CLOSURES. PROVIDENCE, R1 MONTREAL, QUE SUPERLITE CONCRETE MASONARY UNITS AND ALUMINUM DOORS ANO UINOOUS. PHOENIX, AZ TEMPE, AZ UINONA, AZ HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES MAJOR LOCATIONS TETERS FLORAL TETERS, LTD. UINCO LIMITED ARTIFICIAL POLYESTER FLOWERS, DRIED FLOWERS, TA8LE AND WALL ARRANGEMENTS, CHRISTMAS DECORATIONS, MEMORIAL WREATHS AND SPRAYS. BOLIVAR, MO HONG KONG UNITED CHAIR LATERAL AND VERTICAL FILING CABIHETS, DESKS, COMPUTER UORK STATIONS, CREDENZAS, STORAGE CABINETS, MACHINE STANDS, BOOKCASES, CONFERENCE & WORK TABLES, WOOD CHAIRS AND CONTEMPORARY PLASTIC CHAIRS. HENDERSON, TX HALLS, TN LEEDS, AL IRONOALE, AL 8ALTIMORE SPICE SPICES, HORS D'OEUVRES- DURKEE INDUSTRIAL SPICES, SEASONINGS, EDIBLE OILS, DOUGH COATINGS, CONFECTIONARY COATINGS 8ALTIHORE, MD CLEVELAND, OH BALTIMORE, MC GLD053757 0049-GLD-000053757 I James { PROCTOR-SCHWARTZ INDUSTRIAL DRYING AHO PROCESSING EQUIPMENT. BETHLEKAM, PA SHARONVILLE, OH HOASKAM. PA ~3i HANSON 1H0USTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES MAJOR LOCATIONS SCK CHEMICAL (PIGMENTS) SCM GLIDCO ORGANICS SCM METALS A UHITE INORGANIC PIGMENT (TITANIUM DIOXIDE) USED AS A WKITEHER ANO PACIFIER IN THE MANUFACTURER OF PAINTS, PAPER, PLASTICS AND RUBBER PRODUCTS BALTIMORE, MD ASHTABULA,OH PINE OILS, AROMA & FLAVORS, AND SPECIALITY SUBSTANCES BASED ONTERPENE, SILANE AND FLOURIHE TECHNOLOGY JACKSONVILLE, FL BRUNSWICK, GA GA1NSVILIE, FL SPECIALITY FARROUS AND NON-FARROUS METALS, PRIMARILY COPPER. RESEARCH TRIANGLE PARK, NC JOHNSTOUN, PA HAMMONO, IN CORTLAND, NT GENEVA, NY HEW CANAAN, CT TOTAL SINCLAIR 1 GLD053758 0049-GLD-000053758 James HANSOM INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PROOUCT LINES KIDDE DIVISIONS ARCHITECTURAL AREA OUTDOOR & LANDSCAPE LIGHTING, LIGHTING SECURITY VANDALPROOF LIGHTING MAJOR LOCATIONS LA MIRADA, CA ARTESIANIAS BAJA HANDCRAFTED INTERIOR AND EXTERIOR RESIDENTIAL LIGHTING FIXTURES S LAMPS. TtUJUAKA, BAJA CALIFORNIA, MX ASSOCIATED TESTING LABORATORIES ELECTRONIC TESTING, MILITARY & AEROSPACE QUALIFICATION TESTING, INDUSTRIAL TESTING, MARKETING RESEARCH, PACKAGE TESTING... BURLINGTON, MA ATLANTIC CONTRACT CARRIERS CARRIERS SCRANTON, PA BAYLESS STATIONERS OFFICE SUPPLIES STATIONERY, OFFICE FURNITURE, INFO DATA PROCESSING SUPPLIER CARSON, CA HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES MAJOR LOCATIONS BEAR ARCHERY CO. ARCHERY PRODUCTS, SOUS ARROWS, OUTDOOR 8 CAMPING EQUIPMENT GA1NSVILIE, FL \o GLD053759 0049-GLD-000053759 _JefVUfffcjHSPECT ION AIRCRAFT ENGINE SEARING INSPECTION & OVERHAUL; RELUBE, MANUFACTURE OF ELECTRONIC TEST EQUIPMENT. SANTA FE SPRINGS, CA SAO PAULO, SAN PAULO. BRAZIL BRIGHT STAR INDUSTRIES, INC. BATTERIES, DRY CELL, FLASHLIGHTS & LANTERNS CLIFTON, NJ W.D.8YR0H S SONS SPECIALTY LEATHERS WILLIAMSPORT, MO CHATAS GLASS MICRO AND SEHIMICOR-INSTRUMENTS * APPARATUS, VINELAND, NJ SCIENTIFIC & LABORATORY GLASS APPARATUS HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PROOUCT LINES CONTINENTAL OFFICE (See SCOTT RICE) SUPPLY MAJOR LOCATIONS OALLAS, TX CRAIG SYSTEMS MOBILE SHELTERS & VANS, SHELTER HANDLING EQUIPMENT AND SKOCK ISOLATING SYSTEMS, EQUIPMENT PALLETS & TRANSIT FRAMES (ASSOCIATED ENVIRONMENTAL SYSTEMS DIVISION) AMESBURY, HA DEVINE LIGHTING CAST S EXTRUDED ALUMINUM LTG FIXTURES, AREA LTG, ARCHITECTURAL DECORATIVE LTG, ENVIRONMENTAL LTG, EMERGENCY LTG, EXIT LIGHT FIXTURES... KANSAS CITY, MO GLD053760 0049-G LD-000053760 01VISION ELECTRICAL 8 ELECTRONIC COILS, ELECTROMECHANICAL ASSEMBLIES, FREQUENCY RESPONSE SWITCHES, LOGIC MOOUtES, PROPORTIONAL CONTROLS, TRANSFORMERS... PAUCATUCK, CT OPERATION DURA STEEL EAM, INC. HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 PRODUCT LINES MAJOR LOCATIONS APARTMENT HOUSE MAILBOXES, LIGHTING FIXTURES, SANTA FE SPRINGS, CA FIXTURES, MEDICINE CABINETS, MIRRORS, RANGEHOODS, CULTURED MARBLE, CULTURED ONYX 8 LYTON(TM) BATHTUBS... (See JADE) SXIPPACK, PA THE ERTL COMPANY AMT PLASTIC HODEL KITS,"BLUEPRINT MINIATURE" DYERSVILLE, 10 DIE-CAST TOYS, CHILDREN'S PHONOGRAPHS, CASSETTE PLAYERS AND RADIOS.RIOING TOYS, WALKIE TALKIES, STAMPED STEEL TOYS AND TRUCKS, ETC... FARBERUARE STAINLESS STEEL COOKWARE PRODUCTS WITH ALUMINUM CLAD BOTTOMS, TEA KETTLES, WOKS, MIKING BOWLS, TRAYS. COLANDERS, ETC... BRONX, NY FASHION, INC. RESIDENTIAL 8 COMMERCIAL METAL AWNINGS, CARPORTS, PATIO COVERS, BUILDING FACING AND FACADES, MARQUEES, SERVICE STATION CANOPIES, RESTAURANT DRIVE CANOPIES ETC... LENEXA, KS GLD053761 0049-GLD-000053761 James OPERATION HANSON INDUSTRIES DESCRIPTION Of OPERATIONS 1990 PRODUCT LINES MAJOR LOCATIONS CARDEN STATE TANNING (BY-CHEM) AIRCRAFT, AUTOMOBILE l FURNITURE LEATHERS, NEU YORK, NY HANDBAG, BELT. AND SMALL LEATHER GOODS, SAFETY LEATHER GOODS (WELDERS' APRONS) WILLIAMSPORT, MD GREENUAID INDUSTRIES COIN METER SYSTEMS: AMUSEMENT. CAR WASH. BROOKLYN, NY LAUNDRY, VENDING MACHINES, COIN MECHANISMS AND METERS, COIN BOXES AND SELECTOR SWITCHES. GROVE MFG. (CRANE DIVISION) CARRIER MOUNTED,INDUSTRIAL, SHADY GROVE, PA SELF-PROPELLED ROUGH TERRAIN HYDRAULIC CRANES, LATTICE CRANES (MANLIFT) AERIAL WORK PLATFORMS (SELF-PROPELLED) SCISSOR AND BOOM MODELS HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES MAJOR LOCATIONS HALKEY-ROSERTS INFLATION STSTEMS, VALVE ASSEMBLIES FOR LIFE ST. PETERSBURG, FL VESTS, RAFTS, ANO OTHER SURVIVAL PRODUCTS, MINATURE VALUES FOR DISPOSABLE MEDICAL PROO, PLASTICS VALVES (LIGHT SYSTEMS) DISPOSABLE AND GLD053762 0049-GLD-000053762 James REPLACEMENT BATTERT, FLASHLIGHTS PENUGHTS FOR ADVERTISING SPECIALTY, INDUSTRIAL AND CONSUMER USE. (SURVIVAL TECHNOLOGIES GROUP) DESIGN AND MANUFACTURE INFLATABLE MARINE RESCUE DEVICES, HARNESSES,TETHERS, AND OTHER HIGH TECH SURVIVAL EQUIPMENT. ISLES INDUSTRIES HORIZONTAL & VERTICAL LAMINAR-FLOW BENCHES BREA. CA AND LAMINAR-FLOW TUNNELS, CARTS: CABINET, MATERIALS HANDLING CONVEYOR SYSTEMS FOR ELECTRONIC ASSEMBLY (WEBER TECHNICAL PRODUCTS) CLEAN AIR MODULES, LAMINAR FLOW SURGICAL ISOLATORS & WORK BENCHES. HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES MAJOR LOCATIONS JACUZZI, INC. JACUZZI BROS. JACUZZI WHIRLPOOL BATH DOMESTIC PUMPS AND WATER SYSTEMS, SUMMING POOL, EQUIPMENT, TURBINES AND CENTRIFUGALS, WHIRLPOOL, BATHTUBS AND SPAS AND EQUIPMENT (JACUZZI GAS GRILL DIVISION) LITTLE ROCK. AR LITTLE ROCK, AR RENOALE, ONTARIO, CANADA UALNUT CREEK, CA THE JADE CORP. AUTOMATED PRODUCTION EQUIPMENT FOR SEMICONDUCTOR ASSEMBLY, DESIGN BUILD PROGRESSIVE CARBIDE TOOLING, ELECTRICAL DISCHARGE MACHINING, ETC. (JADE INDUSTRIES) PRECISION STAMPING, SHEET METAL ELECTRICAL ASSEMBLY (JADE SYSTEMS) TAPE AUTOMATED BONDING EQUIPMENT IC PACKAGING, SOFTWARE OEVLPHNT. (JADE TECHNOLOGIES) SEMICONDUCTOR LEADFRAME STAMPING AND PLATING (HAM. INC.) ELECTRO-MECHANICAL ASSEMBLIES AND PRECISION CONTRACT MACHINING HUNTINGDON VALLEY, PA TREVOSE, PA SOUTHAMPTON, PA ELK GROVE VILLAGE, IL SKIPPACK. PA /+ GLD053763 0049-G LD-000053763 James HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES MAJOR LOCATIONS JU LIGHTING, INC. COMMERCIAL AND INDUSTRIAL LIGHTING FIXTURES HOUSTON, TX CINTEGRALITE) SPECIALTY INDOOR ARCHITECTURAL LTG, CJET-PHILLIPS) INDOOR/OITOOOR SERVICE STATION LTG CJPL LIGHTING) OUTDOOR COMMERCIAL 8 INDUSTRIAL LTG URIGHT LIGHT (FLUORESCENT LTG FIXTURES COMM & INOSTRL KENT BATHROOM ACCESSORIES, BATHROOM CABINETS, BELLEVUE, KT VANITY CABINETS & LIGHTING FIXTURES, MIRRORS. KEYSTONE LAMP HFG. CORP. PORTABLE LAMPS SLATINGTON, PA KIODE CONSULTANTS COMPLETE ENGINEERING, PLANNING & FIELD SERVICES, URBAN, REGIONAL AND DEVELOPMENT PLANNING, CIVIL, ELECTRICAL, ENVIRONMENTAL, MECHANICAL, STRUCTURAL, TRANSPORTATION ENGINEERING BALTIMORE, MO MINNEAPOLIS, MN .li GLD053764 0049-GLD-000053764 James HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES KIDDE-KCDC <CONSUMER OIV.) ADMINISTRATION KIDDE CREDIT FINANCING FOR DISTRIBUTOR PURCHASES OF KIDDE PRODUCTS MAJOR LOCATIONS PENNSYLVANIA HAGERSTOWN, MO MISSISSAUGA, ONTARIO, CANADA KIDDE RECREATION .PRODUCTS L KIM LIGHTING SALESMEN NORTHBROOK, IL CUSTOM ARCHITECTURAL FOUNTAINS, ENVIRONMENTAL CITY OF INDUSTRY, CA LIGHTING, FOUNTAIN LIGHTING AND COMPONENTS, LANDSCAPE AND STREET LIGHTING MARVIN ELECTRIC MANUFACTURING RECESSED LIGHTING FIXTURES; COMPLETE LINE OF VANDALPROOF FIXTURES, SINGLE AND 3-CIRCUIT TRACK FOR USE WITH 120 VOLT SUPPLY, AND LOU VOLTAGE LUMINARES UTILIZING MR16 LAMP LOS ANGELES. CA NANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PROOUCT LINES MCQU1D0Y OFFICE DESIGNS CSee SCOTT RICE) MAJOR LOCATIONS TENNESSEE t .* 1 Cj GLD053765 0049-GLD-000053765 James NATIONAL CRANE HY0SAUL1C TELESCOPING AND ARTICULATING CRANES. WAVERLY, NB NEW JERSEY OFFICE SUPPLY OFFICE STATIONERY ANO SUPPLIES, DATA UHIPPANY, NJ PROCESSING FORKS AND SUPPLIES, COMMERCIAL OFFSET AND LETTER PRESS PRINTING, CARBONIZED BUSINESS FORKS, OFFICE FURNITURE AND INTERIOR DESIGN SERVICE DAVID APPEL OFFICE EQUIP. & STATIONERY BUSINESS PRODUCTS DRESNER BROTHERS STEWART OFFICE SUPPLIES TREHER OFFICE PRODUCTS HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES MAJOR LOCATIONS NEWPORT PLASTICS AIRCRAFT, COMMERCIAL AND CUSTOM SEAT COVERS, CUSTOM MOLDED FIBERGLASS, CUSTOM MOLDED INTEGRAL SKIN URETHANE FOAM, HONEYCOMB CORE PANELS, PRECISION MOLDED PRODUCTS, PRECISION SEWING NEUPORT, VT PIEDMONT MOULDING MANUFACTURING AND IMPORTERS OF WOOD PICTURE FRAME MOULDING, READY MAOE PICTURE FRAMES; HAROWARE, EQUIPMENT AND ACCESSORIES FOR PICTURE FRAMES. CONFERS, GA PROGRESS LIGHTING RESIDENTIAL AND COMMERCIAL LIGHTING FIXTURES, COUPEN, SC INTERIOR AND EXTERIOR, CHANDELIERS, DINETTES, WALLS, SCONCES, HALL AND FOYER FIXTURES, ETC... n GLD053766 0049-GLD-000053766 James REXAIR INC VACUUM CLEANERS TROY, HI HANSON INDUSTRIES DESCRIPTION OF OPERATIONS t9S>0 OPERATION ` PRODUCT LINES HAJOR LOCATIONS ROSS-MARTIN FORMS MANAGEMENT SERVICES, BUSINESS FORKS TULSA. OK SCHWABACHER/FREY OFFICE SUPPLIES & OFFICE FURNITURE EMERYVILLE, CA SCOTT RICE OFFICE DESIGN, FURNITURE, SUPPLIES (CONTINENTAL OFFICE SUPPLY) (KRAFTBUT) (MCQUIOOY OFFICE DESIGNERS) TULSA, OK DALLAS, TX TULSA, OK NASHVILLE, TN SHADECO, INC. LAMP SHADES TELFORD, PA SPARTUS DECORATOR AND KITCHEN CLOCKS, ALARM CLOCKS, SKOKIE, II WALTHAM CLOCKS, CLOCK RADIOS, PORTABLE RADIOS, TELEVSIONS (B&W) I GLD053767 0049-GLD-000053767 James HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION SPAULDING LIGHTING PRODUCT LINES MAJOR LOCATIONS OUTDOOR LIGHTING PRODUCTS FOR SPECIALIZED CINCINNATI, OH COMMERCIAL AND OUTDOOR USES, INDOOR INDIRECT AMBIENT AMO TASK LIGHTING SUNSET/RICHARDS CERAMIC, BRASS, AND UOCO LAMPS AND ARTUARE CITT OF COMMERCE. CA THEURER, INC. TRUCK TRAILERS, CARGO CONTAINERS AND CHASSIS NEWARK, NJ TOMMY ARMOUR GOLF CO. TOSS-FOULER GOLF CLUBS, BALLS, BAGS, APPAREL, ACCESSORIES FREIGHT CARRIER MORTON GROVE, IL SCRANTON, PA HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES MAJOR LOCATIONS TUCKER HOUSEWARES {AMS INDUSTRIES) PLASTIC HOUSEWARES, TRASH CONTAINERS, WASTE LEOMINSTER, MA BASKETS, LAUNDRY BASKETS, KITCHEN & SINK ITEMS, STORAGE CONTAINERS, BEVERAGE SETS, ETC. BLOW MOLDED PLASTIC TRASH CONTAINERS AND UORCXESTER, MA GLD053768 0049-GLD-000053768 James UNIVERSAL GYH EQUIPMENT STORAGE CONTAINERS PHTSICAL CONDITIONING EQUIPMENT, EXERCISE CEDAR RAPIDS, IA BICTCLES, COMPUTERIZED ROWING MACHINES, COMPUTERIZED TREADMILLS. MOTORIZED AND MANUAL MEDICAL EVALUTION AND REHABILITATION EQUIPMENT THE VALLEY COMPANY COIN OPERATED POOL TABLES. CUES AND ACCESSORIES, FURNITURE, OFFICE S HOME, POOL TABLES BAY CITY, Ml UEBER AIRCRAFT AIRCRAFT COMPONENTS, ATTENDANT SEATS, BURBANK, CA AUTOMATIC LAP BELT, BUFFET INSERT EQUIPMENT, CARGO FLOOR SYSTEMS, COAT ROOMS, COFFE MAKERS AND OVENS, CREW SEATS AND ESCAPE SYSTEMS, INTEGRAL BOAROING STAIRS, ETC... TOTAL MAJOR HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES TOTAL HANSON INDUSTRIES MAJOR LOCATIONS *\ o GLD053769 0049-G LD-000053769 James ( -- HANSON INDUSTRIES DESCRIPTION OF OPERATIONS 1990 OPERATION PRODUCT LINES DISCONTINUING OPERATIONS MAJOR ` LOCATIONS THE FOLLOWING DIVISIONS ARE TO BE SOLD PRIOR TO 10/1/88. IN THE EVENT THAT THE DIVESTITURES DO NOT TAKE PLACE , THESE DIVISIONS MUST BE ADDED TO THE PROGRAM. ALLIED PAPER AMERICAN POWER DEVICES PULP AND A WIDE VARIETY OF PAPERS, INCLUDING MIAHISBURG, OH UNCOATED BOOK PAPER, 8IBLE PAPER, BUSINESS FORHS, SCHOOL t OFFICE SUPPLIES, KALAMAZOO, HI DAYTON, OH SPECIALITY PAPER AND LUMBER MARION, tND PETERSBURG, WV (See FENUAL ELECTRONICS} ANDOVER, HA FENWAL ELECTRONICS THERHISTORS, THERMISTOR PROBE ASSEMBLIES (AMERICAN POWER DEVICES) SEMICOHOUCTORS:DIOOES-ZENER, PLANAR, STABISTORS FOUR-LAYER FRAMINGHAM, KA <s>l GLD053770 0049-GLD-000053770 Jam5 RESTAURANT PRODUCTS, CONSUMER PROOUCTS, AND . HIGH-PRESSURE GAS CYLINDERS (WALTER KIOOE, AEROSPACE OPERATIONS) WILSON, NC FIRE DECTECTION ANO EXTINGUISHING FOR AEROSPACE AND ORDINANCE VEHICLES (WALTER KIDOE SALES & SERVICE COMPANY) ALARMS & SECURITY PROOUCTS, FIRE OAK PARK, Mi EXTINGUISHING PROOUCTS (WALTER KIDDE SALES & SERVICE COMPANY, INC.) KENILWORTH, NJ ACCESS CONTROL SECURITY EQUIPMENT, CLOSED CIRCUT TV, EXPLOSION SUPPRESSION SYSTEMS. FIRE PROTECTION SYSTEMS, ETC... GLD053771 0049-GLD-000053771 James RESTAURANT PRODUCTS, CONSUMER PROOUCTS, AW) . HIGH-PRESSURE GAS CYLINDERS (WALTER MODE, AEROSPACE OPERATIONS) WILSON, HC FIRE DECTECTION AND EXTINGUISHING FOR AEROSPACE AND ORDINANCE VEHICLES (WALTER KIDDE SALES & SERVICE COMPANY) OAK PARK, HI ALARMS & SECURITY PROOUCTS, FIRE EXTINGUISHING PROOUCTS (UALTER KIDDE SALES & SERVICE COMPANY, INC.) KENILUORTK, NJ ACCESS CONTROL SECURITY EOU1PMENT, CLOSED CIRCUT TV, EXPLOSION SUPPRESSION SYSTEMS, FIRE PROTECTION SYSTEMS, ETC... 0049-G LD-000053772 American Excess Insurance Association. (This application to be used for applicants domiciled in New York State only) THIS IS A REPORTED OCCURRENCE POLICY WHICH CONTAINS CERTAIN FEATURES THAT ARE ANALOGOUS TO THE ONES FOUND IN CLAIMS MADE POLICIES. PLEASE READ THE ENTIRE POLICY CAREFULLY. "DEFENSE EXPENSES" ARE INCLUDED IN THE LIMITS OF LIABILITY OF THE POLICY AND ARE IN CLUDED IN THE "PER OCCURRENCE UNDERLYING AMOUNT". This Policy Application must be completed in its entirety. When appropriate, questions herein may be an swered by specific reference to Form 1QK secttons(s) or other material attached hereto. t. (a) Name and Address of Applicant (To appear as Named Insured if policy is issued): ___________ Hanson Industries ........... ................................. , 410 Park Avenue New York, New York, 10022 (b) State of Incorporation:_______________________ ______________________________ ' . (c) Effective Date of Coverage: October 1, 1989............................................ ............ .............. 2. Subsidiaries or affiliates of Applicant whose accounts are consolidated in the financial statements of the Applicant (attach list or make reference to listing in Form 10K or Annual Report of Applicant). SEE EXHIBIT #1 3. If Applicant is foreign, attach list of subsidiaries or affiliates whose accounts would have been consoli dated in accordance with generally accepted accounting principles in the United States. 4. List on Schedule A (to be attached to and form a part of the policy when issued) any other subsidiary, affiliate, associated company or joint venture to be insured. AE1A-3-NY GLD053773 0049-GLD-000053773 5. If other than the Named Insured above shall represent all insureds in all matters under this policy (such as but not limited to: premium payment, negotiation of renewal terms, payment of claims), indicate name and address (td appear as Named Insured's representative if policy is issued): :N/A'' 6. Describe each joint venture in which the Applicant has an interest greater than 10% and/or which has assets in excess of $25,000,000: jjone Known Project Name Participant Brief Description of Joint Venture 7 Attach a copy of the latest Annual Report and Form 10K (or the equivalent if not applicable) of the Applicant and each company listed on Schedule A for the most recent year. 8. Estimates of: (a) Annual Payroll (in U.S. dollars) 1 -USA 724,408,320 2-Canadian $ Included 3-Foreign $ (b) Annual Sales (in U.S. dollars) Excluding Aircraft Products 1 -USA $4,771 r223fOOQ 2-Canadian $ 42.0QQ.,CQQ 3-Foreign $ Describe any "Inter-Company Sales" exceeding 10% of the total: h z a'; ( (c) Number of Employees 1-USA $ 60,230______ 2-Canadian $ Included 3-Foreign $ 3,300 (d) 1. Annual Advertising Expenditure (in U.S. dollars) $------------------------------------------------------------------------'------------------------------------------------------,--'........ i AEIA-3 2 GLD053774 0049-GLD-000053774 2. Type of media use and proportion of total expenditure on each Magazines/Trade Journals - 30%. Exhibits - 8%. Television - 10%. Radio - 3%. Newspapers - 10%. Promotional Liturature - 15%. Other - 24% (e) If the Applicant has any exposure under the following, indicate payrolls: 1. Jones Ant $125.000. (Code 7028) 2. Federal Employers Liability Act Ho Known Exposure 9. Automotive power units: (estimated total owned & leased by type) (a) Private passenger 1.730_ Trucks and Tractors 297 School buses None Known______________ Taxi-Livery None Known (b) Type of cargo hauled (elaborate where inflammable/explosive substances hauled)______________ Insured's own products and limited Common Carrier (Atlantic Contract Carriers MO. (c) Give details of long haul (over 500 miles -- one way) operations ____Some Divisions (i.e. ASS. MW Mfg.r etc) will, from time to time, haul their own goods in excess.of 500 lies.__ Atlantic contract Carriers may, on ____occasion, also haul in excess of 500 miles.; 10. Description of Operations: (a) Describe any details of operations not otherwise contained in the attached Form 10K or annual report (e.g., occupancy type risks -- number and size; construction type risks -- tunnel and dam work -- turnkey; utilities -- dams; etc.):________________________________________________ ______________SEE EXHIBIT 91___________________ (b) Describe any discontinued operations or sold entitles for which coverage is required. Describe products and the disposition of product liability;__________________ ____________________ _________ SEE EXHIBIT #2 _______________________________________ _ (c) Describe any areas of expected expansion, change, or new products in next 6 months:_____ Hanson has, and will continue to acquire companies which fit into its major business segments, when the proper opportunity arises. AEIA-3 3 o) ( GLD053775 0049-GLD-000053775 11. (a) Describe any non-owned, owned, leased or chartered watercraft or watercraft risks for which cov erage is requested: Tug boat "Satin Lady" (Baltimore, HD)________________________ Three barges (Baltimore, MD) _________________________________ ____________ (b) Describe any railroad exposures including details of any facilities/operations owned or operated (other than incidental sidings and premises grade crossings): Incidential side tract agreements only................. ........ (c) Describe any intra-city light-rail exposure (e.g., subway, street car. etc.) for which coverage is requested: No Known Exposure - Description of Operations Number of Passenger Cars Mites of Track Number of Passengers Annually ( (d) Describe any bus operations for which coverage is requested: No Known Exposure Description of Operations Number of Buses Miles Travelled Number of Passengers Annually tnter-city ________________ _________ ,, Intra-city ________________ _____________ ___________ School Buses ________________ _____________ ___________ Tours ________________ ________ __ Other ________________ _____________ _ AEIA-3 4 GLD053776 0049-GLD-000053776 12. With respect to malpractice and professional liability exposures, state: A. 1. Medical (incidental to other operations): (a) Number of doctors employed:______ ____ (b) Number of nurses employed:_________________________________________ (c) If Hospital or Medical facilities are maintained by the Applicant, give location, number of beds, occupancy rate and other pertinent information: ___________ . N/A ............... -... '- --.................... -................- - - " ......... (d) Do ary patients, not employees of the Applicant, use the services of such doctors, nurses or hospitals? K/A__________________________________________________________________________ Indicated percentage of non-employee patients2_ 2. Medical (other than incidental): Incidential Only _______ (a) List all hospitals or medical faciiities showing location, number of beds and occupancy rate, outpatient visits: N/A (b) List nursing homes operated showing number of beds: ------------------------- m--------------------------------------- _ 8. Non-medical (e.g.. Architects, Engineers, Accountants, Lawyers, etc.). Describe extent to which such services are provided to third parties: None Known................................................................................................... .............. ......... AEIA-3 5 OTQ GLD053777 0049-GLD-000053777 -li- 13. Attach a list or describe below the products manufactured, handled, distributed or sold or services performed under the following classifications: * Classification (a) Aircraft and/or Aerospace Products or any material or substance supplied di rectly to or for the use by the Aircraft and/or Aero space Industry (b) Pharmaceuticals -- Medical (Submit lists of prescription and non prescription medical care products) (c) Birth control drugs or devices (d) Chemical and petrochem icals (e) Nuclear energy (f) Pollution control devices (g) Other products, or major services performed Description ggg EXHIBIT #1 Annual Sales Domestic Foreign $$ 14. Real & Personal Property: (over $10,000,000 in value per location) (a) Schedule locations of leased premises and indicate use and if Applicant is held harmless and/or named as an additional insured in landlords policy: ( ( (b) Schedule locations where personal property of others is in Applicant's Care, custody or control. (e.g.. Data Processing Equipment, Leased Machinery or Equipment, Goods for Storage or Processing, etc.): AEIA-3 6 AN GX.D053778 0049-GLD-000053778 15. Contractual/Hold Harmless/Indemnity Agreements -- provide details of any which could reasonably be considered to be outside of the scope of those agreements normally entered into by the Applicant in the normal course of operations and any other such agreements which may be material to the Appli cant's legal liability or where the sole negligence of the indemnity is assumed: ______ No known exposures outside those which are normally entered into by the applicants 16. Describe loss control and loss prevention measures which Applicant employs and would like the under writer to consider. Attach a copy of the program if appropriate. Is the program self-administered? if administered by a service company or insurance company, name of administrator: ______ Various Loss Prevention services are utilized hv Hanson to provide ass-fshanrs, inrluHing Fred S. James, Nril-lseo and gplf-aHm-ingferpri programs. ________ '_____________________________ .________ ...... 17. List on Schedule B all liability insurance of the Applicant. List layered policies in: ascending order of attachment, including layers retained by Applicant: 18. As Respects Underlying Insurance (respond below or in additional comments column on Schedule B): (a) Explain any exclusions to standard General Liability Policy coverage- Asbes tos Exclusion Hazardous Subtance, Remedial Action Exclusion, Pollution Exclusion. (b) Indicate deductibles, self-insured retentions, retrospective rating plans or other funding mecha nisms in the amount of SI million or more per occurrence/accident: ______________________ 19. List on Schedule C a summary of losses by year (insured aid uninsured) for the past 10 years by line of coverage, e.g.: (a) Automobile Liability SEE EXHIBIT #3 (b) General Liability (c) Products and Completed Operations Liability (d) Etc. AE1A-3 7 S<? GLD053779 0049-GLD-000053779 20. Indicate any losses included on Schedule C which are caused by or alleged to be caused by pollution: None____________________________________________________________.________ 21. On Schedule D itemize and give detais on ail losses shown on Schedule C which exceed $1,000,000. (Paid, outstanding, and allocated expenses), SEE EXHIBIT #4 (a) caused by a single occurrence, and separately, (b) caused by any defect or hazard or alleged defect or hazard associated with insured's product or operations completed or abandoned by the Applicant 22. If any of the losses on Schedules C or D have been handled or reserved amounts established through a service contract rather than by an insurance company for its own account, give details beiow. (In clude name of individual or organization; if Applicant has self-administered his own losses, furnish infor mation about individual(s) responsible for handling and their qualifications and procedures; if a claim audit has been made in the past year by an independent service, attach report). SEE..................... jSXHTBITJfS------------------------------- ...... -------- --------------------------------- ---- 23. Is the Applicant aware of: (a) any event or conditions which might reasonably be expected to give rise to a loss or liability in excess of $1,000,000? Describe: __ fasJKacam____________________________________________________ (b) any defect or hazard or alleged defect or hazard associated with the Applicant's products or operations completed or abandoned by the Applicant which might reasonably be expected to give rise to a loss or liability in excess of $1,000,000 in aggregate? -- Describe: None Known 24. Describe any ongoing investigations into the Applicant's products or operations by any governments) body: ______ None Known ___ " AEIA-3 8 31 GLD053780 0049-GLD-000053780 25. Additional Comments (optional) ASA-3 9 Sp- GLD053781 0049-GLD-000053781 AMERICAN EXCESS INSURANCE ASSOCIATION 26. THE APPLICANT, BASED ON REASONABLE INQUIRY (INCLUDING BUT NOT LIMITED TO REASONABLE INQUIRY OF THE LEGAL AND' RISK MANAGEMENT DEPARTMENTS OF THE APPLICANT), WARRANTS TO THE BEST OF ITS KNOWLEDGE AND BELIEF THAT THE STATEMENTS SET FORTH HEREIN ARE TRUE f AND THAT NO MATERIAL INFORMATION HAS BEEN WITHHELD. IT IS UNDERSTOOD THAT THE COMPANY MAY REQUEST ADDITIONAL INFORMATION WHICH, WHEN SUBMITTED, WILL BECOME PART OF THIS APPLICATION AND SUBJECT TO THE FOREGOING WARRANTY. SIGNING OF THIS APPLICATION DOES NOT BIND THE COMPANY TO OFFER, NOR THE APPLICANT TO ACCEPT INSURANCE, BUT IT IS AGREED THAT THIS APPLICATION SHALL BE THE BASIS OF THE INSURANCE SHOULD A POLICY BE ISSUED. BY SIGNING THIS APPLICATION, THE APPLICANT ACKNOWLEDGES THAT IT HAS RECEIVED THE ATTACHED SPECIMEN POLICY AND AGREES TO BE BOUND BY THE MANDATORY ARBITRATION PROVISION SHOULD A POLICY BE ISSUED. THE APPLICANT FURTHER WARRANTS THAT IF THE INFORMATION SUPPLIED ON THIS APPLICATION CHANGES BETWEEN THE DATE OF THIS APPLICATION AND THE INCEPTION DATE OF THE POLICY PERIOD, IT WILL IMMEDIATELY NOTIFY THE COMPANY. THE APPLICANT FURTHER ACKNOWLEDGES THAT IT HAS RECEIVED INFORMATION FROM THE COMPANY DESCRIBING THE LIMITED SCOPE OF COVERAGE AND THE POTENTIAL COVERAGE GAPS INHERENT IN THE POLICY FORM. FURTHER, THE APPLICANT ACKNOWLEDGES THAT IT IS AWARE THAT THE LIMITS OF LIABILITY CONTAINED IN THE POLICY SHALL BE REDUCED, AND MAY BE COMPLETELY EXHAUSTED, BY "DEFENSE EXPENSES" AND, TO THE EXTENT THAT POLICY LIMITS ARE THEREBY EXCEEDED, THE COMPANY SHALL NOT BE LIABLE FOR "DEFENSE EXPENSES" OR FOR THE AMOUNT OF ANY JUDGMENT OR SETTLEMENT. THE COMPANY HEREBY ADVISES THE APPLICANT OF ITS RIGHT, UPON WRITTEN REQUEST, TO AN ACCOUNTING OF "DEFENSE EXPENSES" ACTUALLY PAID BY THE COMPANY UNDER THIS POLICY. ^ NEW YORK LAW MANDATES THAT THE FOLLOWING WARNING BE GIVEN: "ANY PERSON WHO KNOWINGLY AND WITH-INTENT TO DEFRAUD ANY INSURANCE COMPANY OR OTHER PERSON FILES AN APPLICATION FOR INSURANCE CONTAINING ANY FALSE INFORMATION, OR CONCEALS FOR THE PURPOSE OF MISLEADING, INFORMATION CONCERNING ANY FACT MATERIAL THERETO, COMMITS A FRAUDULENT INSURANCE ACT, WHICH IS A CRIME." APPLICANT: ` Hanson Industries. (Type) BY (OFFICER OF APPLICANT): Donald L. Schoenewolf (Type) (Type) (IMPORTANT: PRODUCER SIGNATURE REQUIRED ON THE NEXT PAGE) AEIA-3-NY 10 GLD053782 0049-GLD-000053782 SEP^7 '89 11:09 F S JflgS ^g2 9393 Fsrmin3ton ftan3. 09S&7/Q9 09:43 P-3 Submitted by (a duly authorized insurance producer representing a member of the Association): Name at Firm: Fred S. James & Company: of NegJEhgland. Inc. OVp #) Complete Mailing Address: --AO Broad Street <Typ) Boston, Massachusetts 0210$ Phone: 617-357-6600 Telex: 940227- Fax: 617-35?-6755 Name of Authorized Representative:__ Joseph P. Zavagnlrt_ fIVpe) Association Member Represented:. Si, C'*>-4 Producers dotrtciled in Delaware, Maryland, NewJersey, NewYork, Pennsylvania and Canadashould return the completed application to: American Excess Insurance Association TWo World Trade Center Suite 3870 New York. NY 10048 Phone Number: (212) 466-0097 Telex Number 82943497 Fax Number (212) 466-6303 Allother producers should return the completed application to: American Excess Insurance Association RiverBend Executive Park 77 Hartland street, Suite 400 East Hartford, CT 06108 Phone Number (203) 528-2103 Telex Number: 62943426 Fax Number (203} 282-9393 AEIA-3-NY 11 C^ t*7' GLD053783 0049-GLD-000053783 Submitted by (a duly authorized insurance producer representing a member of the Association): Name of Firm: Fred S, James & Company of New England. Inc. (Tyne) Complete Mailing Address: AO Broad Street---------------------------------------------------- (Type) ________________ _________ Boston, Massachusetts 02109______________ Phone: 617-357-6660 Telex: 940227- Fax:617-357-6755 Name of Authorized Representative: Joseph F. Zavaenin__________ (Typa) (Signature) Association Member Represented:___________________________________ Producers domiciled in Delaware, Maryland, New Jersey, New York, Pennsylvania and Canada should return the completed application to: American Excess Insurance Association Two World Trade Center Suite 3870 New York, NY 10048 Phone Number: (212) 466-0097 Telex Number 62943427 Fax Number: (212) 466-6303 All other producers should return the completed application to: American Excess Insurance Association RiverBend Executive Park 77 Hartland Street, Suite 400 East Hartford, CT 06108 Phone Number: (203) 528-2105 Telex Number: 62943426 Fax Number: (203) 282-9393 AEIA-3-NY 11 GLD053784 0049-GLD-000053784 AMERICAN EXCESS INSURANCE ASSOCIATION SCHEDULE A AFFILIATED COMPANIES FORMING A PART OF NAMED INSURED (Response to Item 4 of Application) Name of Affiliated Company Description of Operations and Procedures SEE, EXHIBIT #1 ASA-3 12 GLD053785 0049-GLD-000053785 Combined Single Limit m 0 CD 1 1 I> c o op > c o CD o -D y o 3 s: 3aco. oa3c. 3 ' 5T CD Q. CO rpo P (3O ST oo 3cr 3* CaD <n <o s* TJ x3> CoD & *< s. P <3D 0 03 301' 2 a>L oo o c 3 o CD S1 oC3D CD 3 o cr </] 0 1 3g <oo> CD 0o o"Sc(fCoai>D Sor2j* K3p-*roa'0 ra3s rfio? 0.-0 5 a STaJ C-D 5f-- 53* a S S f* * i? s. ~Sf 3 *o o3 J* 3m 5 5 cz o m 9 oo 0I) 3< *>aa> smi u 5 " 3 in > in to a0 1 oz = O>ZS.0 Z Sg|=aS3.c2o sll|-S?s?iSIss = ~ &|s -- :Qa.(Qo> 5^=} ci <gM imz =Ooctco z r~ 3o wm> SoZ ia o GLD053786 0049-GLD-000053786 AMERICAN EXCESS INSURANCE ASSOCIATION SCHEDULE D INDIVIDUAL LOSS INFORMATION AEIA-3 % to o. OCD ~ (A CD OO r8 |a *o no ' *0O3sD> oOa CD C<D. 3 Q> *w C01D sr 3 **>oo a ia: c g>. toSoT'. o3 o CcOo . 3co* c a5 3 o X B>XmsX =Ct CoD oO fo" atosS* 11|1 O 80) CO S ao o CL 8 05 o 8 e IxmaI 2SS>=smxQfri-.o{"&c= "=2~-.t 3fS$fJi K9Oa.. WfO<fi, B3=3aJ Sito 3O5* > to * S' | 2 to 3 oc3 (tDo o3* OcCoO *f- 5* -r O S CD Q. GX.D053787 0049-GLD-000053787 AMERICAN EXCESS INSURANCE ASSOCIATION SCHEDULE B UNDERLYING INSURANCE , AEIA-3 011 n i| m 1| ` o11 S o- o ;O 8CD : 2ttl c 3 1 g* o 0K) 1 n Scr' r i 'S' 2 <6 5CD5' CO r0)2 m co?oCO3. n> mm r~ > W CD tU 3 -- 1 aCwoC>lO ass **--&3 Q. 5C0wO 0 to QaQQ3.n5s2r-*r 2 5CmD o I?D (sO liffl SO55?.rQs.0S>T NS| gosSa tg * " = T3MO3 fj&oWgg5^ga sQMi ?3jCa|>u 2 "3CO i oQ 3 3> mCO c 3* S> s 3 0>5T22.0 2 g-m O OS O 1 S& lor"!s lifill a < a 3 S to "Qr(S0 so 1 ' a GLD053788 0049-G LD-000053788 AMERICAN EXCESS INSURANCE ASSOCIATION SCHEDULE C SUMMARY LOSS INFORMATION AEIA-3-NY OO< <3nD * #1 Si.Q a| 13 3c=r 3 C0o1D o3 03 CD 09 3 _L CD Q o w?T ~suPo!So?DoSot S CfdLeO S UD ~rngrno 3 S l* r0) a* 3 aisr 8&?& 05 CD ns X -- 8 Mi'S 8 2 01 = 2. I*!* O3^v5* 85 <ae Ui GLD053789 0049-GLD-000053789 cotmar EXHIBIT #2 SMSJf IMST8IES mcminm ma/cnm 210 Foaua asset Bimmm OATS //'is-Sir-oo OESWPTUS CPtAATWS A ABASE A-i titcmc to., no, amm A.S.A. m. Atm mmme ac s h o s pit al statin jtcs msfim srsms, uc. aotmto nwmits m mMM AmicAs sm m. co. Amiat nm c m mm, isc. mi-mt Attaam m. ts.A.t tmtmcm pmto turn tm ctMUTm A&ummms b.o , smm 4 j&mims swen 8tm CYCLE * SUPPLY CO. BEUm b w e iy sauces am am nmnt mums am ia mo f o o d c i. mms ESPECIALIZAW S.A. (Mi) mta mmas s uppl y sacomoo BtClUA CAUiotm msss bo aemi CAPITAL am S CABLE COSf. caaomi comas CESTUI SOKES, ISC. eminm tosmt sius mcASi meat h s t o o s ClIitS,l. csexii mc bih e i Fosmr comm as ek ic m l if e m. co. comom saonzt c o o p. coimw armsmes, me. c o hpass comm COX-PLEX/PiZ COK-BAD materialt nmsint stamt coasts comicms s ac s i to. ic ah ao a) con f o f esses CIMICJUS esses mt pbo o s c t s CHASE k s is t mrnttw c o u p. camco nwcm m. CB0YEB CtYSTALS SSI mot iwi msse am mot mot SSI xiose K1D0E mot mot mt mot SSI KICK SSI SSI msos SSI SSI mot mot SSI BASSOS bas so s mot SSI SSI SSI SSI SSI SSI mot SSI mot mot SSI reuse SSI SSI SSI SSI reuse mt amt mt mot SSI reuse sou SHOT BOBS SOLO SPSS OFF ms OFF SOLO SPSS Off SOLO SOLO $m OFF SOLO mo ASSETS sets SOLO sou SOLO SOLO SOLO SOLO SOLO SOLO SPOT MSS SOLO SSL9 SOLO SPSS OFF SOLO SOUL $010 mt SOLO SOLO SOLO SOLO SOLO SOLO $010 $010 eisses $010 SOLO SOLO SOLO SOLO SOLO S010 SOLO SOLO SOLO mm unmi 11/11/87 5/1/87 ii/ii/87 8/JO/74 8/1/82 1J/II/S7 7/U/8J . ?/$/* 10/31/75 7/12/81 tm 4/15/85 7/23/75 4/1/78 3/1S/77 mom tm 11/11/87 12128m uun 2/28/75 10/8/75 12/20/77 II/2I/K 0/23/83 7/12/01 12/31/87 1280 11/22/77 2/25/77 5/20/75 S/20/87 7/10/88 2/22/83 2/12/8J 0/23/8J 10/SI srs pmioiis Kttssam omns SEMATM LISBT BULBS 8W0 SESYICES muit SESYICE nomas stavict HOSPITAL TY BEHULS rmoam c l ebic al smict tmooEo pl as t ic pamers smiaotimA, rnnsam, snows e k . s bas is s semee maaoaic ms Fiat Fleams c bes ic al s i mmm smuts mmicAL l o c k s muminvs s/cNirrm swats mmmsAL statins tLtr *01110 STEEL SASEBOl/SW mrciE m. Fmrrm aro. s ec r et mat stmt canoatrs tsiaimt PBSLTXF P20CESSW mmams SUPPLIES TO aomt mt mtsw tmimt m. t ext il e kps. HI/BSIBB SEAyiCE coppEt am aonta'S ctmiao bps miif senes aositar k u l wear s ommm o f f as t eber s HABBFACTm BF PStSSES ABO DIES mnins saemtar LIFE WHtASCE SKIP PaOPELLEBS OEPW 4 JIIFC7I0S FiaOtRS FLAT ASLLEO STEEL SAHtBOOSm mriPLEm mxonmioa pmo c t s Bam esseant smerms HETAL FAiaiCATlOH LimSIHE SEtneE marta (s es m aamats?! oismB. w. caaaE o sam to. on f iel o poapm mipam scumoa noaiomtas, s at es mmm nemaAats 4 oese ftimsSisss mamo mmim caaats msorn l o ak s man c p.y s t ms GLD053790 0049-GLD-000053790 CQSPW EXHIBIT n o ah s o v mmms mcmnm otmiioxs 220 mm ovm oisposum sm n-stp-ss sEsatinm otetATms c ur r ies msfACTsms asm c r af t msr wmasms mm mp h m ms cmm Mxmm ns mmm s k am sms mxs k es a nmm mm s il l y s f s. cs. m. nmsim ma c o r p-mio x o h er m. ma mt.-mm misw WA CORP.-EIECTRQ SASIC S1V1SI0H cm cw.-mis mism sur a tw.-swnum m. SOSA mp.-zmsmiE nmm mm fAms mss t. mm asm cast sm umw meme sal es sw/ici as. mmom l easihs mmms mmm mm c o if . an mm exceues coai atetsmm swms h $. 1200217 77217222 f ail s af e mmn ant. fAsmx earn f eder al ma omi ami consuls o f w as , in. tamos minin'i tEcoomm rmmtA mm f l o s w p . fmxjtsTU FOXSST FMKtrm f ur r y , m. mm mmemuti c c spar y mism-mm, m. sAiYmwm cmmmicm sever al Assmm mem erne m. <cmm m. SEVERAL OFFSET PRIOTIOO CO. ISC. 6Eww am sf 2211202 emm mmms sf s sss mmmes m. om fAon sima eomms i mm sums PAKAlM S.A. StOBE SECURITIES SLOW soms ESPimm KM m kwe asm Kins KIOOE sms KIM SSI am KIM am kwe Kim KWE msos SSI Kim OSI KIOOE 6SI OSI OSI OSI SPA KIM OSI OSI Kirn Kim OSI Kim KIM am xim KIM am SCI( SSI am XIM KISK SSI am SSI MSBS set urn m xim ASSETS SOLO 2/0/80 AtmmiAL swam nssnm 8/78 snm mum mims t mm SOLO unsm air aims o fisrois im FS0S UHlFKTOtm ms tom 008872 cmms sm son mm HAH? Bim SLASSXAAE SOLS M/22/82 LAHPS SOLS HOOSEHARES terns m-mm/wn 9HOSE i 00802272 COHSmCTlOS SOLO ASmSLTIIM 206272287 sm 2/22/62 022 2678 PARTS S ACCESSORIES SOLS 2/22/82 KISH PRESSURE POOPS I SASSERS SOLS 2/22/82 2678 IIFTS, TRUCK 1 7822222 S0S722S702S SOLS 0227288 mints SOLS 2/22/82 OETAl STAOPWS MSStmiES SOLO 20/22/60 SPICES,0LimfECT.-il8S IWSMAl sm 7/8/70 PLASTIC RESIO SFS . SHOT son 4/30/82 22887725 2227682$ SOLS 7/28/70 CATERPILLAR SlSrXWmSHlP BARWBS SOLS 5/2/87 HOSPITAL TV OEOTAtS SOW 20/7/77 200772287 FlHAHCm-PHlLIPPMS oissoim 12/82 BUY'S CLOTOm SOLS nmm 1227822 0027$ 8F5 SOLS 4/23/70 OEOPHYSKAl OXtX SUPPLIER SSLS 20/20/77 o f f ic e FmrnRE m S0SPEHS1OH SYSTEItS-TXOCKS i TRAILERS SOLS 5/25/78 f abr ic mximx OUT OF SOS S/86 SHEET 62721 COSSTRHCTm SOW 5/25/80 FIRE 7207207208 S7S722S SOW pr o pel l er REcommoom SOW 0/4/82 HAT SFS OP TO 17 FOOT nscomms $8288760 7001 F71722S I 2C0fSS081$ SOLS J/12/8J 2US2S S SECORITY PROMTS SHOT MX mSES LAW FORK17ORE SOW mums FIXTURES FOR XT'S SM MM 1I06TJ60 12171/225 SOW 22/2/80 tOOSEXARES i S1FTSARE SOW sm PAMS SOW 5/4/77 IttUSTRlAL ABRASIVES 2F6 SOW JE3U(W/Y8*20UC C2282S SOW 3/17/80 77787 0 8180 Of 0082220221 117*0022727 SOW . tOtSISR ROME SERVICES sow 5/22/82 mm bo ie are OISSOWW 2/1/88 SAS mSOREKERT/OETECTlOH 72S7282287S sow inns mtrs APPAREL sow lofsim PAMS, COAiTim t 22572$ sow 4/2/88 PAMS sow 0/30/88 SSAROISECORITY SERVICES sow 12/22/77 Honrs Appar el Stag OFF 21/11/87 TEHPOAARY CLERICAL SERVICE u- ~ GLD053791 0049-GLD-000053791 COSPAMY EXHIBIT #2 VMffSfl# IRWUIES siscmims ePEAtnm 228 mm mtR simsnm BATE iS-Stf-SO OESCRIPWR OPEKKimS mm urnmirs KISSE SSAT IMS SUES m 5Mke w, ?imm mm> tmt mum musrtm SSI mmi f mtrm msot smmm t umitsm asst r er l v i wnmts mum spbr t svear l t d. IlSI SSI mmsH umumcs KISSE msm mum c eken bassos i mi SSI mmmm, m. KISSE mm mm KISSE u t er s t n e mm cm. WSOS im m it s . turn KISSE MW SSI 3 1 C4*MU 1 $M$ SSI sms mm'$ ms KISSE smw mm KISSE 3m com SSI mat eutmacs KISSE j ef f er ies SSI mmm Emm WSOR JEMS SSI mm mm i maims c r o p. kisse j er sey TEsrm l abo r at o r ies me. KISSE MS (TEMPORARIES! KISSE Ml iECKEY bar soh k 1 s imsnm KISSE k.s. cmm cs. KISSE xmE Atnmm syst eks KISSE am bo sir ess semcES, isc. KISSE k is s e tmmt ser vic es cm, KISSE Kim f ir s mrEcriM srsrus nwt HOPS *ttW4MSIJf9 Ei. BRP MSI KISSE k is s e Kctemom pk o s k t s (c ar abaikibbe KUEHSCtmT sat KOPPEl IRC. SSI asm spo r t svear SSI LAKECROFT SSI imsAis Ttmim* i mcmm am HOWS PARKER m acts SSI ufEim c o r po r nio u KISSE x.t. imm i c o kpar y SSI mmirnp ser vic e, m KISSE r et ail mms cmAM, ISC. KISSE tETtm mmr SSI mnEAi mmws SSI ROSTOV TEYTILES l EmmRE SSI $m sef SOIS ms ssis ms SBIS SUB soit ssis SSLS S91S SOLS sptt o f f SSLS usmmm SSLS SOLS SOLD SPUR BEE sissotm sots SSLS SUB ms ms SUB spat OFF SOU SUB sots sm SEIIK OFF sm BOM SOLO Lto SOLO mo mr m SOLO SOLO sots ASSETS SOLO SOLO SPUR OFF SUB SOLO SOLO CLOSED H/H/87 tontm mom onsm mmt nmm mom mm tom im 5/21/74 nmm iltllEEU mom 5/12782 wiomt nmm mom 10m wins mom anno ll/il/87 081 2/12/81 mm unim mm wistst 10/7/77 12/20/77 1/85 10/83 1/13/78 W30170 2/8/84 5/23/80 11/11/87 7/17/80 1/25/81 3/21/78 7/1177 TERPORAiY CLERICAL SERVICE m MO SEABED FAMERERS 0 PANS trt. i BISmB MCI. CRAKE EB. m mu imps mmuE wvEAaoms SPOtlM FIREARM HEALTH SPAS KF8 LEATSER COATS IX CAKAOA 084872 CM74L 04S7S CERERT COtTRACrm APPAREL SEISXtC EQOIPXEKT TERPORARY CLERICAL SERVICE FOBS SERVICE ERSltEERm SERVICES Room mss PLASTIC LOUT PAULS SPECIALTY PLASTIC SHEETS FISBW HIRES TACKLE KWilif SERVICE LAB1ES KBIT AK9 HOVER SARSERTS CLOSED CIRCUIT TV EWIPtEKT APPAREL ItETAL FORSm m's com Rfs s upo r t er TEST SOIL Bums JESim SVCS. FOR PROF. ER62HEERS TERPORAN CLERICAL SERVICE SALE OF mstUCAl FISHIRS EO. LAtt TRItRESS CSNRACT PACKASER FIRE PROTECtlOt OYSTERS mmtRY CLERICAL SERVICE CmTER S6F7WE SERVICES ALARItS i SECURITY PRODUCTS oispucf i EomrmAL cmpmi SALE RECREATmAL PROOBCTS COmRtCATmS, SOFTKARE, SUPiElT TRACKWO AIR COmTIWRS lASTALLATIOX-PIIILIPPIRES REMS StimAR REAL ESTATE SERHAttm t r absist o r s 84*7 o f mm rcmiES-wmioR besish FIN RDUEA STEEL MEHOltSIlW BARKISO EOSIFSEN CONRACT SBPPUER OF CUSTOM!) miUES-m KmntO SERVICE MXOEmmiVE TESTIHS RALE HOSIERY RFC 07775 OF FABRICS OESIWR OF OfflCES-MCMO 4 V> GLD053792 0049-GLD-000053792 cmm EXHIBIT #2 wmi wiimm dmmma mrnms m mm mix mmnm me ts-st-os d es c r ipt o r o per at ms BcXmEY 8/887/(782185 (082/81* 77992 RePmSOH 58852 77098 MT/M/i tArmmc o up. 77098 SATlOm VIDEO/SELLS 77998 msis (8878/2 REBISTAY 71098 OILFIELD msSIRIAL IMS 77098 OILFIELD PIPE * SUPPLY CO. 71098 OLD SALT SEAFOOD COUP. 8/8808 OMCD 587 DOWRIES 8/8S08 omoAx osr tlAHSl ROOF OF CAKADA 8/8808 OYEUm-AllOIS-CARPEmR 77092 P. lABPERU k C.fS.P.A. imif} 77098 PACIFIC APPSASEl XFS. CO, 587 2/782888 C/84785 CO, 77008 2/788 EmPXEilT mPADY, m. 77008 2(2 (828(1/21? CSEXICALS1 8/8S08 2E88/C8 587 27N788/3 CEmMEMCmS (857/ RICA SM 228788/8 8(5/7887/*/$ 8./. SCR 2MS7IC k *08588 7280tf(TS OS! 2517 7EC8 HAHSCH PRESTO LOCK CO. 77098 PRoomm mucus 087 PiOFESSISHAL HORSES BOREAS 77098 REOAUETRA 5S7 RELIABLE SEXTET SRVCS ITS. ttAXAUl 77992 REPSiLtC OFFICE SSPPtX 77908 RIVER SHEER BOAT MRUS 5S7 RIVIERA RTS. CO. m 812 2ZX782E (5/2/81 IRC. 987 SiS 28/888852 77008 SARSEVT 8 (882/87 71998 $8/58/87 8/8898 SE/8/7S 182087785 CS. 581 881(8 SSI smm c l o t hes HARSDR sum SARD SSI SOOTH TEW 858728287 7790E 88878878 8712/8,8, SX11H 58888 CO. 8/8808 MOTHERS RESIHS XAHSBH STACY FABRICS OSl S7802EE Of Mllf08*7/ 087 875597 8EAR (70585 8557/87 581 S58-277E 88rER287S8S 587 $877(888 077 S58S87 2/82 77098 syl yacheh 8(8 TALBOTT HILLS smox 7855/592/ 4 SOX OSI ASSETS SOLO SPSS OFF 8857 0088 SOLS SPUR OFF SHOT DORR SHOT DOOR SOLO 078802889 8929 S010 8010 8020 8020 8020 8920 otscmim SOLD SOLD SOLS SOLD SOLD SOLD SOLD SOLD SPUR OFF SOLD SXOT 9588 SOLD 175879/720 SOLD OUT OF BOS SPBR Off /SS87S SOLD SOLD SOLD SOLD SOLD SOLO SOLD SOLD SOLD SOLO SOLD dissol ved CLOSED SOLD SOLD SOLD SOLD mm Amemmi umm tmirn mmm c l er ic al ser vic e to/j/so mm ml mu s/i/87 mmm t v r ex iais warn m?m*r 11mm stmct o il f iel d mmm Wim OR S MS S82/MT58S 4/1/85 f o o d pr o c essus msm mo o f Jtm-CKW j ear s omm mars sl ipper s 5/13/0? m MASSES trnm n ho t el s s 8fsr/52/*7s ;v mmm tom exer behc y l o o t ., xeo apxo xes, o s c il l at o r s s it s umm Fixmss W7171 KFO 888*8 appar el n 28727227888 CSHTRACT PACWER mm sum t snmm Eomxm smm c ubic al m. 8/15/77 *0888'8 88188*7 mm urns mm Mm smm m te msm i r o bber par t s tomm mrmnm im tmmm must imm sccvmr mmsi smm mmm tutu87 m?m/n msm ser vic e 10/27/75 1/8788 8/899/55 mm smm OFFICE 85222788 tS74 BOAT HF3. to/2/75 /mm rntns umm f u mes tuitm Timmy c l er ic al ser vic e mm mmmALMomi msm nstim i ns* mk es s iw ms tomm amt spoKtm ho o ds otmmm 7/27/7? 887/2 788788 PRODUCTS mom xes's cioTxm xf s. 12/12/78 8/TE8I/1 SWIM TO HOAD CORSTROCTIOR i/88 DmmiiA FOB OWE C8/8ES mom pmR i s m ml s - j ac kso x, al a. mm suit xro. umm appar el 1/22/74 8/87 CMUOE AFS 3/31/33 YOm BEX'S SUITS, SPORTCOATS 875 10/17/30 XFS OUTDOOR FORMOft 7/14/82 /irE*M7088, 15817198 tUS, MIT/Sf KB'S i/Um COMICAL 8/8874(722185 ////S/85 MtES Ml SKATERS 7/13/8/ PARTS 4 SERVICE TS WUE BOXES Uu GLD053793 0049-G LD-000053793 tmm EXHIBIT #2 BMW ims t r ie s oiscwiHm smATim m mm mm oimsnm . nn j5-?v-89 Kscumoit mmms 77J EOHmiST CM. OS7 7m LEASUS CO. ISC. 8SI TiFFiit/osmm iisi mm rrnmt tm mm mas cttsoinm co. K10DE ms k iv o e 78Mt Fwmm * co. mmi mu t r am-pac if ic mmm SSI mm s t eei SSI BUSSES imetTM PIPE CO. IS/ OS USES K188E OSl Mt B02SSESS f 0$I PUERTO ttCO 887 OSt BEST MIES 110. 8SI ttsmiL, isc. SSI mo* SSI ssmsE mmi tmsrnis SSI siaot moe sicrn TEtspsmt stmcES am V1SU LEU CMP. (pmio Rim moE sm uiamxL s eo t c e asi BECKS OFFICE PR008CTS EWE miCSR/SEBCOS SSI sens sxrm/it umm commm am SESmiSEim ESBlSEERm CO. JSC. m smms omsm moi stsmsom g o l f SWT MIISIRIES ISC. sim SSI mo mo SOLO SOU) SOLO SPSS OFF SOLD SOLO SOLO SOLO SOLO SOLO sea SOLO SOLO imiBXTEO SOLO sea SPSS 9FF SOLO sett sm sue sue sea sm sees sue m out m4 7mm mtm 22/J7/87 tom umm mm mm 8/2/81 mum umm mm mm mm 8/27/78 10/3/82 12/72/87 mom 1971 5/2/87 22/32/78 9/2/85 j/si mimxt tmm mimst tmm imm mmns-mses ere WJIT BW.-BWm twmtm mmm mam smitx mi nmm mums i tmmu cmmim oimmomihsm/pau urnsmam mm i cwwraws m umm 4 nmcpipe s mw j k cfluuir rm mmT$,mms,mcm,mn tmmuAt mnimomi? emmutt onnmmmr umfiiuk oisimmmip is miwrns mm CMMi* IttUil CO omms msms OFFICE TESPOUKf SERVICES BNtuuat l eises mmmi mmuirn * s er v ic e OFFICE SOPHIES m o f sm Etmnumi sums Jt8S7JU T7 USUIS KSIIW86 SEMICES hmmte 8 mis SHF BMS pr es s ur e v es s el FAmuim i Ekicrm GLD053794 0049-GLD-000053794 EXHIBIT 3 HANSOM CASUALTY LOSS SUMMARY CLAIM FRFQUFNCY BULLDOG 88-89 WC GL Auto 383 9 18 87-88 WC GL AUTO 1,072 42 37 86-87 WC GL AUTO 1,015 174 34 85-86 WC GL AUTO 1,105 29 58 84-85 WC GL AUTO 1,370 42 68 SIMCIAIR 88-89 WC GL Auto 1,282 289 35 87-88 WC GL AUTO 3,037 633 69 86-87 WC GL AUTO 2,811 475 72 85-86 WC GL 3,008 364 126 84-85 WC GL AlITO 2,817 487 115 MAJOR 88-89 WC GL Auto 1,369 47 79 87-88 WC GL AUTO 2,464 60 148 86-87 WC GL AUTO 3,328 171 194 85-86 WC GL AUTO 3,078 224 177 84-85 WC GL AUTO 3,274 265 169 GLD053795 0049-G LD-000053795 *-f o rn:^ 325?I> 0r*? -* IHCX2" tt ^ Cl *<n r^ r n in o rn tfi o ID OQZ2 a -t 33 C CJ h cnn z oort o *o m X *2 ioZn -4 z w -OS' >0 wU -0 W 05 o C*4ff WWW 43 vi vl cn 0<6UI0 z n X +g O' ** * * ' ra cto cd a or * <3 -* >-* c Ch C O' o o o Mc 0* -* CA CD H G -* CJCO tfl oo W ~ W 0- ewsofr M tJ O* 43 W U m cs tn <o n * -*CC-<*U 'OOOC'* * ~ -- 0* * U WM^Ofr 8 w \i CD M - c j QN4 sCD MU O' ONi 345* O4* W GO Ch <-03 4> * 2> c a> ouu 4 * a 4> -* c w MCvJ O' o O' M43 h* -- B Nj u**4 u O' .-l * tft ui w 43 rg -.1 u Ch ^ A *- ffi w 4) O' *- o* 05 54 -* -C O' O v* 43 * A * tnn4 aM * wo *V-- G {4 - *a tv CJI M C s r* 03 r* O' c v* aMu V4) N) W U 4b * * O' 43 CJ Jk o O' w w V4b C'Di V 1* * y H-7 0049-GLD-000053796 iii oIssJi MO (' LWoi WOJt* OWo' Of*f>l' 4tfsi w *- h* 4* CD S3 CP UO! O tHfi 0s*! IOS' C P* wOW' Crw*D. CJ? **4 P* hi O' wo c j O'O O *-* tn 4* M * ui p o tn 2> o* Ih K2 *- M Mi O itfi < C4^ o DS 4] sJ O M 0* w tt CD * 0! hi p. GO * 45 43 M w K M> oSJ si *0 CM u<s OB O CC *- CD 4 M h- 4) LR CD s! h* sj sj C c lllfrM O U iwCE*roCD M n*uAw> c Oucco-*i' K 43 wC4 " Qr* cLCJ15aDI. Sj W ^l> u fwc' 2> C 4^^t s^C*omUil *H*Ci ^*wj j GLD053797 0049-GLD-000053797 r3> tc >ttbci 2XJ>2JCITIC Xwo CozO t>J-S Z S o ~ 3> 2 z croO <--1 cOo n z -4 oQ xm rrr C<Jl cz -1 Hr m c3c> H CoO z TGx|i z no T3 mX to no 2? 0c> 0-4 cm "C --! m3r? 3tmo7 C Z *- m--4 c n Z 3> ~i X 3> S* os tr* u 2r-->5 oXO 11 mw tXo nx na to m nz nz riznoto ~X n2r> *a--4; to M Cl-Ot <z .oj nr oZ X-* m hto N o wto \ ZJ O' s4C0J!! 07 GO vi W to 00 Ui * 10 U! 0* * 4 4* v * C*i US ffl to W CD CO O' O' 17 0D7*t0o'CrUt!OtfltoDC0-f'cWUtlotot*o-C*G't3*J>t-o*htPJtCoC4M>'4aU2U57O!CO40M' O oT r to Oto' UJ >0 o w OOOUIOOOOOOOOOOOCOo OOO to -a g u e 47 US -0 O O' > *04 O O O fsJ O* v GS U! to to O' O' O 4 t-0 * * -- 1C * C4 4k * * M 4t 0-0 O' CD 0- Vi Ui to \si Iff U Ul CJi O' W vi n O' to 7* to CD to to ^ W O' * CT. -C C- O * V s to 07^0 4 0 44 to to to to to v 01 Ut * U* >- *' O' W o- V, * <5 42 o -0 CD *4 ^ ^ 01 O U* *- 44 v * (,-J * to >- to -* 4* *0 O -0 O' to U 44 - W O- - CJ1 l?: -0 Vi to#o tL--R vi tOo O 01 tCo 0o! o Vi ttoo tn 44 Ui to to <4 *4* O to O OO uioocooffiooooo Gr7 crs Oto' U! 44 itso* Ao 4k O' wo t> w O' O' O' to *0' H to o O' O' to 4a IX 4 1.0 to to Vi LB Cfi O' to 2> C w 4 44 * to O * 4a A to to & *- 03 US 4> to to O' M 4* 44 OUtotoOto*-*- O -0 W * 7k CD O' OtoUINSOtoO'-'to' n 4* tototototototoUtoto^K)ffi*-toffi-fr*-0*toV4 >to- tmo. OCOf' |ttoo^O-' tCtJMMtoto0t'oO7<* k *0'**-O0''>7k-w4toO 7* ktoMUC!H m * to w yt to 0to4 to *4a ^ 7k O' r 0Imto to Ul 4Sk o to 4k W UH> to O' O OC'COOCiOMOOOaoOGMOlOOOO o io --tt OtocO'O'GOOGtWJoUOMQ' StCo C 4to4 t7o- LcC? 4t4o C H Gj Losses valued as o f 06/30/89 . .-*8S GLD053798 0049-GLD-000053798 6 t Z l E3/lZ` e O S*SS M Mta O**S ^ m*-*w* <Mi O*q' Wo Mo *- c-f M s-. M i 0-CK<t-vJW^QOMff' 'CM * 03 o >-* E> W O' A < U M 0* ^ >J a 'C C O M CD W M - W hJ 'o0WoaO' ocAowwOsWa^*&0*`WO M^OM'CV3(M`UUi>OJ'>3`^WMM o Mon S{ W * 4* ** N 'OC' Os' u? Nicnwoa m *-- ce *-* M <0 04 M 03 tti MW si OOO'OQMO'OOOCOCOC'OUOC'OK C5 scln r b0 JS. Ov h .&> N5 M *-* Sj H> L-b ^4* U 0*3 <O* ' <M1 4M9** 4* 4M 4 O* 41~ N S mo- O' *- *o iA 04 O- 0" -* 4* K ~ O O si ** w -o cn c-4 04 * Ch s| 'C $ WO ~ 04 O' O O <i s4 C'flWffiO^WOWO'B^OEO X| --i O OB -fc CO* P* WCH-04HM M* *NMJMKOMA^OC3HAtWUO'C*'HUI^Cwiji y*-otnwcmcW- <sv: v| CfiJCD% SI 1 tR y tfi'A Ul * SI W (JIMO W-CMDm*0U4l 3SMi CsDjLoRi -^C-tO0`CsjC4Wa WWsU4l^LS<*iC05CM0`OO3I>* >00 'k^ n * -* on - * 04 or Ul * H* 4t* Ol - CO 4 *A l-i c o O si si w o c o c WW os * u 4* o corccoocsio C !o; -4* CP 4 Ul 1 rc u *" AM *CD c p * b si CC 4 si j-- 4b tv *- >-* >C si OJ ffi O 4b J& O' Ol si O' 04 CD M O' 04 * 4 4b DO 4b si CC O' C -* C CO c O' rj m >4 04 O 41 0* <C O 4) C M 04 O 15 5 3 9 9 9 ` 0 i't / 9 9 Z ` 9 E 0 * I 9 9 (`>` 6E < ,` Z GX.D053799 0049-GLD-000053799 ( v, o Zm r P 2 x 2 TCD X n Pz t C S m x Cm< pppccxoncr-r fiTrncr-^^x^^szzz XInQlaf>l-rz^i-Pr<rrsrSTX>irIXj';JC^CP3X; z-' x> m p p cn p p m *- h -j a o * xcniir2-^'cx?r:mmrcnq csncnz*ctomixr-ooO^cHo*-*, -V CO P Z-----n----o-- sso2_ rz-< W ** lx H n < * 02 Z *- (ft X 3p TX w Rr fhflSa Z0 c d s P r Gw3 -* 2 C5 O oz * --^C*-* jx<r zimXt . n-2oj p3zO5 nr pmzrpwcxx z n n -t m. 0 w < -rrt x - x x mx* r 0 -t W w x < 0 z r w a < z p r _Q "T3 CO -i h wx0a IR2-413S 2 * "H P 2h Z h 0 0 rn x r. n z l PW PX rx -l~*4 r o z zW p2 m 00 0r zm n ZXX 2s 2rn &o "0 C? D x03c 3rn -* z-i 01 xXr> cz vro? c CJ hn^ rC S- xw-< zz QO X mpxl~4 cccXnn *f zPS 05 n X S m n x m x ~tn x m< CO o c* -! h *-* n m xui xwxco & P 2> mOn *Cor--cX0i2 ^ oz n 2n r xxQ X--J -# Mz Zn zm3 m Cx 3-< nmx p XX --3 r^S P X X*5 -X<s Cn ^z Pr Hc?i 7? <c r m m mx x *< p x<a*+ oz ox C 30 GP3I rDn Pt xP S3> CM Z< T-*. iXn X pz X-* C"R* m oz mz wtpo ooX X X pu p xC 3> t-*f m m r Xa < m O x p z Pw7 xmCt r* <-L -t2fi* 5zsocn s rp in prwZ0oXCuzRw0r-Wff O wr. z m oWC-CC 3uQPX 5z oto </> 0) "< *vj os ,, r4 m w Vi Cl cn O K3 w tA M Sj <1 w*l KK cWa 0nu04i: !> A>WJtJUICt cDn OWJiSM^NM W* *N* *(*DM^*Ws'OJ!'*W9W* 1COC'4<*0 M-C -0 MOvM g w n?w~: c s"v'KnvN2j OOn- ^wO-htoKjv^kCwJS^n.ICOOto * MC OvK3 Ay O(v B---fe UmOIOMthoWT1Oo0OCOD:OOCVC*T*O-at'WOCl wODO'O`W0|'^COIOCO*!^WlfUflOHC3BoOTMj`MNwM04.a0^A5WoKWJVWj 'oO-OWOWmOO^>OO-I^OOCMCh'!ChW5CMIOM*-Ots5 nC>L 0V>I o --h 0o3 cCnO ro . Io* -- ro 1.4 K* oc oooOCR oocoo0o?o3tc" oooaooooooo ^ 00*M0000*- -000 0 Ut Ci XW * Mo O O O O U! O C* O '-OOMCCOC r e-Xl0 oCO otoo W WW Mo M -0 o r ^ . C* 4OOk CP 4Os O O M O o o O ^ O 0V-i o O O 0WO! *O0' &OOOOO W fJ 10 w. -0 w 8 o -fe c- o o o to o ooo c tWOo C O J-00O* oc OO C Oooo c To ro cn pc CJ1 O -k hJ o -- -c 4w to o- K3 u-* U->0* moo- C- MM 0- C4 ^ v; ^si0aa-NQCK?SSiS- ^0MK* $y O NiJ C O <*4-} V WW a: IE *CR foy*) Vi w- y-c 4 C5R* H-> O - u 03 4o** A*0--}?to* Hw ^^ tIo- a^ o w -0 OW COC WO Si C4i* - sot IRS*} ______ ___ .... wW CsPj SS>i Oa- OSJ Asi -Ofe MO' y0 S*Ci *M0 *to 0oWW tun CffRi co 0O- WM02W- M W 0oCJI ww W CR wc tuo M3 *4-k h>k Ow 0c0n 0CD C v* Wa42 O 4tEo5. 0* - yO4ki *f--; sw; C a o* * O c*0V0*C, Sn 4Sk O4S^ wcrOonS w-0 o cn oooo oc *0 JS <0 c o o c o o o an o . to c*t % to t-0 CR CR K CR O O COOCCCOOCWO O C o o0 0- c c w -. c i* -' OS 0 o O * cA cJD5 cS < o o o o 40k to t v* to o 0 o o VIio to cn I--* o cn u*0 oooooow01ooooS--oooo ^w o cn u o 'MWCOQO' MO 4S> > Vi V- 4 to CD si ooco*t\twO o* t{v> c- aoc:n -V !I p c B >- i-* -* K3 M W * (4 v{*~ 04 M. M 0> M04 ** we-W^WCDWW' H *04 Ww MMOM 40 W tf 0* DC> *^* W K8' C h 4 m WM sj y cW O0* W-J to4 wt O^ G4kJ 4^& fMv C3 W- 4 x U ** M G u OJ J3 wowo*04k AwfrMWtttBONGt t? W O Si 0* S U) W > H- C O0s Ow0*C0^*4J>k!-v(*JA40s0Ui O4JkWO0OCD*sOCDl O O4O__k_QWO__OUut-WOWMM4i'ik-WOKONtD-OWMWUOIWWOOOC*0^-O^OO`'KOWJ^tO^'C^O^iWtO'OM-*DOCvO-^lI'KCW: OO0W*- 4^k S- lf0tf4jiC0O*sXWI w 4i. (h 0* o-- t-4 w -tob to o 4 o 1o0 Sw *W- M wCD wm 0 *0 001*0cna 4k CR o a* >o cn coo cn u cn co cn * -- ow o tom 00100- 0*0 *0 O si -OOWOOCOOeOQCOOOO-OO OOOOOOOO0*'OO04OCvJ*O0-CCO o s WW^fv-L' to K) NVj 0M4 V* w t-o0 ** w Or4o>S : m0- c4u-i3m0> o )O0O4o*-*'*Cj4tkC"3OOO^o4WgJdJ M** ** O0O'0^oOWWcr. OOO rfWOfi40-k4C40k-ROO0tUo4 !04OOCROSwsi lOOOOO0004--GO rf r 0SJ4 p o GLD053800 0049-GLD-000053800 7,418 52789 154 as 0 66,319 2,945,028 424,874 6,915,571 0c*1 < <4 J5, ** 43 M MM ` 0! M O' ^ K -A0 W*6 U* W O OO? OOM45 MM O' MU & to (A U 45 M si OMsiOOUIWOMW 4> U * o (4 M U *- A C4 <1 s| Ul si 4J 05 < 43 M Mi .te 04 A 41 W* M M-- n O' *?, 0 C? tn mnC C ** MO **+* -A0 KK XWf "U4 -m0 U4i 0C! *C-h MUS s*i l. O A C 1 0`>*OOtJJOO<UlrJ|H\(BNa'40N< si M <C (2 O * * M O' sO' & 41 O' w 01 cn O' M C0 .* hi hi W0*0k0 hM OO' UOmO V* O kCl >s4i ^CCs444 w4oW}i WW *4A403l *ss*|| 4 < .* -- . * f ' * W <(** OU! >C W -CO 0* CD sf W yi si . sf 4 m c UJ m *0 111 O <4 +i OCWCWO si O O O ^ O i.1 O O O O O O O O (D O O & O- O c Q 'a O V O ^ U! O O O O O C O O* O W H3 O O O O C O M o *N" AW WJa M m. 45 *Cl W01 - M ** C4 MO w* O' ** vi OOOUUIW C O C S^ w-.sC O 41 >* 4i cr O' m c-W O^ A c> O' CA 4i 43 >MOCOOMC O0 O' Q O> O O O V* O O O>D*- 4O4(*MxA*4O* rOM-- OO C -O MMA 0A -- m<4 0: *- *C-4*- W M> m C`-W'4O'CJM0'.*O' *140*Msi 01 MOMmmM- US H^4**OUMW!0M'0t1* o m m Cc-a4 - mSW U41MK! AWwMM43QAhOC) OK 0`S^O`O h: 3 W * Uf W C M 10 O' M 4) 4 O' W M * C4 O* K CB O C4 V 01 *P> 0 O O^aKmO0*WOK<OI^OO4i>W4N!^^C'COWs'5W,'O-k0'N'.i>'OlO- OsNi t>4** ^Wf0UJ(XM'O0f0f3i0W'D<?s"O4'OOCi4h'C>SJ3'4s4C'O>CO'MO'4C^OK)O<43C'; m 0- W mM EwG s>!iCJS *OS O01' M mos C^4*-JMw M*-O01 w o 0" si a Oosi * > NO OOS' K4S3 c0fC O cs<Q-* m o o MM O' 43 0" m CD Nl 4Wi * m> K3 si CO G3 O 02 WC4 cn um 4o* > Oc 4-c A n<j V, S-o Jx G W4> Mos O ^ O' C O O O3 CUWDt >>OC4' WJai WM<1 WsKAi O O 4^* C C<' M!*> >wO0' gso I r 00* o 4* Cft M Ol 01 01 04 04 ` 43 C C Q M O O uUj * iX>* O' 0: 0O1l O! si USI C^h W O s0C1 M CChh OM o Ol C 01 O' e O 01 41 tOh' so M O' ' O' 0_1 Ch < K sU5i C 4X C O 3> C I : 0 3 ,9 4 0 ,^ 7 327,980 GLD053801 0049-GLD-000053801 -*aC -t o o CL C O ct (A oo <n to O ro is> 4* coco co 01 r 3 - CA 3 G rt -s o o 3 -*> rt rt >o rt p rt rt q a rt o =3 -> rt H3C -*Oo0 O----' -L 0> t3o 3a. 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O <i >0 v o CD r*. <1 3 ,1 9 5 ,6 6 7 1,095,262 FUNCTIO N: t~ / GLD053807 0049-GLD-000053807 NUMBER DF C LA IM S A3 TOTALS -5SS 35 r kl x o o o o x o -fc I-* Ts r nW z Si 0! -b Li to N W M M O n k*4 n n -i m c kl \ s\\ s M O hi o k* XX XXX X XX o S3 (A W O HS 2> n 7 n -i n tn i kH ~ 35 z m x> rn c 1 c Cfl si 0 O' b Xs\ss co tn tn 0- i> 3* O' 0- $> O' o o si si si X X XX \ V s X O' S3 0- SG tn 03 tn to tn tn U1 tn n M JIs 7 m rn z roH 3> z r n -4 -) r z 33 r --i r z X 35 35 o Hc n k-f 3> 3> H tn r 35 35 Z H >-* D n m "43 CC Ft 35 H H Dr m^ C tfl 37 - 03 33 w 31 z H z 1-- j-t O Q to si tj * V o 43 tn k* F o o o -ii V4. o -> s> M si W * to C4 - ro 4> 43 o cn X n X X mZ SD 2 z k4 C tn n m o n Is m n m n n n n z kS C T1 2 -* wr mm X t-4 CO Z o x HH 33 < 33 33 53 53 O -n m 13 m 3> X Cl z r.if TO til vl s|C^ Cf- 33 X w B a C 2 X k-j O n D n cj m C w r M < z c X X X in m 0Q O' <4 tn * o- w 0- 43 si 43 to X ffi k-4 Z O X 33 O 2 -fc *0 o O' o tn cn o O ^ ^ n O 43 D M - M m til SI tn M s| U 0- m tWn w w k* Si X D 2 o r (-* m--J o -* az o S 1-4 tr, m o r 1 *3- Tj a STIS 030 CD b--{ SI n Is 3> rr uw aw T1 33 HH S n X x ro >>H n n s n SI n n a m r ^ z m kfc O X O m --! 25 M r no V zn i> r Z 25 mw z 35 H V, X 03 k4 tfl CO --i n T 13 33 7! 1> < r cn r\ m < x> c v a tr* O\ o rO mcn 00 0- oT| 5-<5 0 c 0 O G oono a oooono X -r m ro r w z 3> z H X Z3 Is Is T* o z n X m50 nZ S3 z M *T> m Cl o 3> a o n--z 7t CO 2-iN D Z 13 cn 3! 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W 44 W 41 O kb 0- c* 4 sj 1X -i O-- X5 r X Tr *-- si hi <! tn -f> o 43 0* tn sj O o C NJ ^ os. c j i w s- * O' 43 X X X X0 43 43 X r-: <432 04s*. 1 ,6 8 9 ,2 6 3 9 8 1 ,3 2 9 Si GLD053808 0049-GLD-000053808 NUMBER OF C LA IM S IN D IV ID U A L CLAIM IN Q U IR Y : i6 TOTALS rs Cs /*> O o o Cj vj o- C-l w \\ \ \ V. Oi <A 1--* w o o * sj 01 N3 K3 \\ \N\\ 2* r ow i> n z n -t R n tn i M 25 CO 03 CD g CO 0 t) Z Nl ^ si si s| s| m 0 zH r" O H r Z 33 2> c wC a> is zm -! o r m >o cm -- o rN OO tn w ui si in 33 -4 0 30 CO W M G 0! U1 i-t 7} ms mn nan n z tn *-* 33 to to CO to w C R 2w w 1-4 w s> x> 71 R r wr r. x J> c c R R 2 o <a w '0 O' o- 33 l-* -* 0- 0! tfl T* >0 w o .6 t> O' 03 O -0 -p. * ca -6 CO I-4* >0 Si 3! n 2c R 73 E E E E E n r i--^ -4 3? O o O n n D >i O 3> 73 DZ 1-4 O mr or t-* G G o o G G ng s. 2 V 1--J V. I n CO n s 0- 0 z n 71 7> t > m H 2> z R 33 r h r --I m M w r 25 33 R Z nr 33 Z t r* --1 Q I 73 33 33 I? < CG zmr 2> r 3> < C T -1 3 3> rr. < #"* Is r rn *-* >0 r 7? C Cl \oc 25 '.1 O R z >-< E Z o-- \ G 0 Z s! vJ 71 *n Is i--! HZ on on H-4 CQ H* -- H* on c O m O K3 w W -- 3> 33 z O W o f f| >o -a r 33 --J < ' m * * -* tn m 3> oc si w tc c 03 to oo *-* o w 3> oo o C OH 71 R -H G 7! o tn > LH U! -: 35 u? -- M hi W 0! 2? *-H ra -0 <3 o >D K3 W cn Cfl - O' <3 .6 si <0 si r-t o s! CD V\ 0A 0 <S CO s. C CD O <3 * 1 ,4 5 7 ,5 6 7 F U N C T IO N ! 3 5 9 ,5 3 0 GLD053809 0049-GLD-000053809 NUMBER OF C LAIM S IN D IV ID U A L CLAIM IN Q U IR Y : 1 TOTALS 3> n O On V KID3 nl-< m " i> 3> z0 z roh -i r z x He 3> C X-->i 3*->* 2m r m <! c m H* w to X -Xi to si X. rz X c2 ue-e rton t-e z cwn ar Z c CJ1 mX rn n M W CO O' o3 mO CD 03 o r M H r r d hi XOZ \ 3> - rn m o*-* cooo \ \ CD -v \ co ss CD cn --J X X -I Ox X> 2? X? -< -< z n z z i> r C GJ7t < m m s 3> a? a? TO 2h * e-s e-t 3> o B> r v. O C w o. m nn Z xx x> u xx -i V 03 ffi -0 O can to -i z aa > * H C <3 Is X *oi -o r03 xm o/. oo o oo on on H- t-( c m i> to D2> m 3HO> TX*->eJ ro 0 OO oc v\ C-0B -c 1 9 5 ,0 0 0 F U N C T IO N : GLD053810 0049-GLD-000053810 NUMBER OF C LA IM S IN D IV ID U A L CLAIM IN Q U IR Y : 5 TOTALS r-, o o o x* r & 01 n s. \ v v v t > n z W o * n h m cfi co *-* >-* o ** 03 2 \ V \ \ \ (-1 " D CO CO 00 BCD C Z 03 S3 03 co m 3> 03 Z H r r c2 --4 00 O M x> < 2> I> 2 m i-- to r *3 b i- o m -e c 03 m-n -t Si W N BMtn <3 c* b Sl w 1-4 00 rn TJ 3> n 3> n z 03 *-* T3 B B B B C v, 03 2 -* 1-4 O B Ticser 2 X X h 3> 7\ in m O ui si 01 30 b 03 W n Sl >c 0 *- Sj J- r-- U! M3 CO 3? o M >0 ISOfr 2C rn 3> O 3> !> s x> s n r H r r r n r n o >-* w--t o o CJ w B i-i CZ ' in m s o 43->i r Q O C3 C O D y d c n o s 2 2B B B 33 33 55 n 2m m rn > 3> x> o o m Z Z Z < < < our -H M M 31 31 r 3i h a oo q o O m a 2 2 2 00 00 33 <-122 rj --c 2 22 3> < I> < 3> < 2 2- 2J? B B O H --1 O "T X' H 33 2 Sj 3> m oo c 3> r**V m K-i T2. rn rn rn h h --! 1--t 2 33 00 33 z -M 33 33 00 <<< X 00 4-4 sl 13 --i -1 X g O 03 00 TV < cG m< A 5 \ o r* w o rn 0 S3 S. CD DTi B < 4-t H2 H- K 1--* H-- Gn i_ o M tit < a 33CO >-* O O X* X 13 >1 IV +0! I-*1. o r-j cn d 4^ H- O W r (Sj rn o '.j O M 0 <A -0 O O CO o c ^ si O r-. X> n 5a 1--4 D m Z--j x? CD D 3> G ~n ni oo S-* -i O -n s C-4 Sj O b -i 3> *o W CM h} U! r --t S3 O <i M3 to S 4- K3 si o m3 cn CO o hr-Jj Mr-j W M>ul KroJ <0 -b O O O H W 0"J M 9 2 1 ,1 2 6 F U N C T IO N : 3 5 2 ,1 0 3 GLD053811 0049-GLD-000053811 4-4 2 2O C2 w tr < -* 53 co rx* n n nr r 3> 3M? *2- 3 03 ICMD < o mmi rx> CD n <_ z in---41 K3 Z-J* ** -fc> l-i v-fc 01 o<3 O' w o \<3 to o \C)>DJ oo C\KD\^(h oo CM\l \UH! x> r xn> nn-j 2 m Ov. C\\DSMv\I'OX'J nl~t z m CD CD CO CD H 0! os ui cn os on m x> m z r 53 H H r W 53 -( x> O X> x> h tcn H mr m si m -* * o o ** M LNH'tMJ C 53 Zi--i 03 MU MMU n nn nnnz Htm 5iz-3i TO C. 5t--3 to ro c 3 <I DX T3>i53>-mtmto * 4* Ot to 55 1-n4 rm 03 O -S* M to *n m ^ *> <J Si 53 O* *! to cooco W CO -0 w o 2O n n n e n o a o a r1--4 otn z m o V -* m-4 21->4 r o n'cnoon os. 03 D GO CD z w< K 3> m r tzn 553 -wtZwZZw X. I O C H z zn \ cn ii--i -t H O i X c T3 X X-< i-- -i c-i m ro 0 35 3 rn r 31->4 3 3> m< <S!. o o 3J">* ctn . H osi 1- tn m 01 o -< *n i-i --I Z --* 14 H 14 H 1*HG n c O' M* O O Xs *n o O l -0 si ! r3> 01 X X m si Sj ^ H C O' o 0 -0 O 01 01 fc->4 ^ o S> (h . x> on oH-- n1--1 o m . -t 25 W a a 2> H x, m >-*> i-- V-* H On U1 N%w C O * 0* <H ca o *o* a 4w acn if*>" 31-54 !--1 01 Si Si * si si 03 c >0 si O O O' Q h* Nl is si s. s. O < o 's O o -0 -fc GLD053812 0049-GLD-000053812 zO-i zc3 <m *- 30 eXcr> o31 nr33 rjia-i 3*-* 2CO J-- Z 0cl-f <' h* OH H r2> cn "T! 1OznH-4 OWv| z -& 0>04 K1 O vl A CD vl Q w v, *-* si \ to vi '2n> n HH o mz H 3nn-->c * rzmc-n* r3r> ci zaXoC* -3Dt s> D 3> nco 30 gc r<n m o* a. n oo D 33 CD M 33 nz BCn k 2cs *r- o KA) mX m (Osi' o nzoODm*-rZm*.. nno \ 3 tn -C fsl mcn 33 -n 23mz> rn *X2-** 3Z-->J V-i 03 Tr 3Xa O PI <O\ * 3VHH> or >-* \x ffi M o* ro -1 Ho I3C3 G3X> 3<3 O-\c PI o rc<3 wom Os *-* CD MCD u f-f<i n 1-4 tOO -n i HoH r33 cd Zni_ 33md0 t> a o V| oci-- 2no>->f om z 3> cd O tj a *m3H> --4 M Q 33 OHS 'IS" - ro * cn cc vl o v\j C\D (D O s0 >0 CD \o CD O <1 4> GLD053813 0049-GLD-000053813 NUMBER OF C LA IM S IN D IV ID U A L CLAIM INQ UIRY* 2 TOTALS oo 0" * Ss o vi ss CD CD 'si v! s> ioo> r z ooi-i ~t ** n tn ^z Om i> Hw z -i r r zo h 3? -31> m OO> cZ FrFIi o-ot>r o-tSn> nt0 n zC m mc: m m3o mr- O*0' OO'' 3? o to zv Otn XWz 3 03 o *n o3x3 W vl O O' O 30 m s n r o -i n nemomz- n>o.- isr- oono N to X Z X> rm h--i rm z ~yr , ** 3> r m3 2w> 35, Z X 03 i-i >1 03 H -1 O XXX X 3> -< C uJ m< O 3> cr voc wom c tn CD vi a 5<? ao *-* i-k H C W CO 3> X W Cf- r x *k * co m U! >! 0- -lb c w -a a 3a> oo t- v-< o rn . 03 D 4J> O pi Mm OX W O' -i 1= C >j 3> - %a r o vi -a >- o tn -0 O' 2 Nl \V o <1 '0 s CO or% 'O .. 3 1 0 ,3 0 6 F U N C T IO N : 98,1-25 GLD053814 0049-GLD-000053814 NUMBER OF C LA IM S IN D IV ID U A L C LA IM INQUIRY*. 3 TOTALS - ooo *vj hj \ s. V, x> r O k* 3> O z w o >-* vi s-. yi nn -i m CD Z N\S 03 B oo CO CD 03 w a m z a 3> --1 15 M r D -4 r Z 23 o 3s O 3r> 3c> m -1 o c r rr. o* z m ooo 33 CD M O6 Z no vj cs V 33 n nnz 03 3 n - so toe *n 3 CD m 2> rn to r i c c j rn rn Cj I 4s vl 33 w c.n O' b o tn CD w o bOO- s s s nr n n n oo wz sn m nrw**! n 3 o a? p 2 om 1-^ -i OX \w or a can a \ 30 TO CD rn r h zoo f*vj fsj x xx *n-< z o z x'25' r Tf 33 h SS m i-< OX r 3z> -t v. X P k*4 NJ 03 H --f o *r T3 23 X 3> < C CD r-, 5 m C 3!--> v. o c C-J o m o 03 V p m o w < *n k-i z oo I-*. [rf. c 0O- ON3 ts-j 4r> 3333 <* >* to in C.1 i-- si c i-N M> <> M O o Xn' oo -- i--f c m z --i i? CO CJ o "Tj X mH O T3 O' b -b --! 3> H i> 0'S K - - - rc O' o 0 tn 10 b O' vl M '^ v! GO \ v. C03D o >0 *V OOS oo -0 b __ M. 3 8 0 ,3 1 9 FUNCTIONS 1 5 3 ,2 8 6 GLD053815 0049-GLD-000053815 Vt . A 3Cj vfiXf H / t / 8 2PRODUCT L IA B IL IT Y CLAIMS FOR SCM CORPOWATIOM TO l / l / B T ) WERE ESSENTIALLY SELF-INSURED. f "RESERVES HAVE BEEN ESTABLISHED FSJ CLAIMS MANAGER. AFTER C O N rU T . REVIEW OF 'L L AVAILABLE rRED. S- JAMES & CO. OF NEW ENGLAND, INC. 40 Broad Street. Boston. Massachusetts 02109 (617) 357-6600 Telex 940227 Fax (617) 357-6755 DATE: September 6, 1989 TO: Peter Bove FROM: Joe Zavagnin RE: Consolidated Gold Fields, Ltd. As you requested, I have attached a copy of the information on the captioned. ( GX.D053817 0049-GLD-000053817 MARKETNG\CASVAL89.WRI fJAw CL 1 7/26/89/cls PROJECTED SALES 11/1/89 - 10/31/90 f (1.000'S) t 3-!L- TOTAL WMK HYDRO AS&G ARCA CONCRETE PIPE 0 173,613 10,578 184,191 PRESTRESS 0 19,765 0 19,765 READY MIX 17.775 0 6,639 24,414 BLOCK 3.764 0 0 3,764 CONSTRUCTION 0 0 30,032 30,032 SAND & GRAVEL 1,750 0 1,944 3,694 MISC. WHOLESALE 3,266 2,790 1,250 7,306 TOTAL $26,555 $196,168 $50,443 $273.166 - TOTAL EMPLOYEES ARCA 33 WMK HYDRO AS&G TOTAL 190 1,700 400 2,323 TYPE OF VEHICLE PRIV PASS ARCA 11 PICKUP 0 TRACTOR 0 TRUCKS 0 DUMP TRUCKS 0 MIXERS GRADERS 0 0 BOOM 0 VANS 1 MOBILE SWEEPER 0 12 LICENSED VEHICLES AT 11/1/89 WMK 6 17 1 0 7 75 0 0 0 0 106 HYDRO TEXAS OTHER 16 85 22 77 15 92 9 18 1 16 06 27 00 02 00 65 303 AS&G 25 54 13 34 37 26 11 11 2 0 213 TOTAL 143 170 121 61 61 107 20 11 5 0 699 & '] I GLD053818 0049-GLD-000053818 -a* </> o tn </* o f u 'IM lO im i/llllH iltlt Cincinnati District Gross Roeeipts Ntinber of Trucks $217,000 20 $672,000 4$ $700 | i I GLD053820 0049-GLD-000053820 GOLD FIELDS AMERICAN CORPORATION Q> >oS3!O ar 0 - > g < f8 5S *<* 30m 2 vt 03w nC S8 >5 i/> O , lj0 Unl ? ,, !ly?eE dCe!EmHo0tIEeSs HANHAAGCEEHHEEHNTI m RUCTURE ,. ` OSTORTUTECOTURUEHEIM HAKAGEHEHT S ( [|!a 1MS\SUBLSMRV.UR1 .* '9/cls TYPE OF COVERAGE YEAR OF LOSS A/L 83-84 SUMMARY OF LARGE CLAIMS OVER $103,ODD (EXCUSING CEMENT PRODUCTS CORP.) LOC. CODE NAME 1225 UALKER/SCHEiOEl TOTAL CLAIM 412*385 OPEN/ CLOSED C COMMENTS Lonspeed rear end caliis ion in rush hour traffic! aggravated Stheidel's previous back problems resulting in further surgery and disability. A/L 82-83 6202 GLANCY/G1LLESPIE lDli675 c Gillespie was rear ended at low speed aggravating previous back injury. * A/L A/L A/L A/L 84-85 85-86 1141 1465 UJDUIG/H0RN8UCKLE BENNETT/BECKHAM 459,566 117,410 85-86 85-86 1468 ELST0N/8R0CK/ UOODS/FONSECO 2002 HENORICKSOM 103,328 299,852 c Insured rear-ended etaipant 0 Insured vehicle stopped 2 ft. into intersection causing Bennett (on cross street) to swerve into anconing path of Beckhai. c Insured rear-ended clainant. Four occupants in ciainants car. c Oriver fell asleep at wheel and struck disabled vehicle on side of freeway killing the other driver. G/L X 81-82 84-85 2002 LOTZ 2002 CONNOR 216,205 150,159 c Motorcycle overturned on highway paving jobsite. c Conner, while intoxicated, struck a parked vehicle, and Vas killed. His estate dains the roadway was under construction and he becane confused by tbe signs xbich contributed to the accident. ASLG's subcontractor vho was responsible for the signing, paid SSOiDOB t AS1G paid $100,000 plus attorney expenses. G/L 84-85 2002 HASSLES/8URRELL 465,081 0 Hassler nas intoxicated and overturned his notorcyele after crossing an abrupt lane edge on a highway construction project. Gath he and his passenger, Burrell, sustained injuries. The project was adequately narked nith naming signs. AS4G has a good defense position. The $451,000 carrier reserve is believed grossly overstated. G/L 68-89 mi SUMRALL 350,500 0 Load fron forklift shifted and fell on clainant. Reserve $350,494. Other Workers Conpensation carrier is paying and sill subrogate back to HCC G/L 88-89 6219 SPANISH TRAILS/ 151,500 0 Settling pond dike broke, water and silt flooded CLARK COUNTY/ ciainants properties. Reserve $151,500 IMPERIAL PALACE U/C l u/c 81-82 2014 HICKS 81-82 1139 CARR 113,449 116,185 0 Sitka, AK - Clainant helping unload parts which tell on left leg, crushed foot and ankle. Third party subrogation suit filed for faulty loading. c Enplayee tripped and fell under a load being lowered with a forklift. Injured both legs. GLD053822 0049-GLD-000053822 M i<AlHS\SUBLSMRV.l!Rl ft'4/89/cls SUMMARY OF LARGE CLAIHS OVER $100,000 (EXCLUDING CEMENT PRODUCTS COfiP.) t ype of COVERAGE u/c YEAR OF LOSS 82-83 L0C. CODE 1141 NAME KIRBY RECOVERY u/c 83-84 1147 ALORETE 1I/C '84-85 113? GUINN u/c 84-85 1147 RHODES u/c 84-85 1232 KEENE TOTAL CLAIM OPEN/ CLOSED 153.397 (11.302) C 142.095 116,042 c 113,015 . 109,936 101,395 c c 0 COMMENTS Overhead hoist control failed to stop aoveient causing load to strike wall and fall on Kirby. Subrogation against equipaent *anufaeturer *as successful. Kirby received $25,000 and HCC received $11,302 of that. Using a crowbar to pry a cage, the bar slipped and claiiant felt to ground injuring hts back. (Previous aotorcycte accident just before being rehired by HCC.) Lifted tarp rack, injured back, right hip and left leg, resulting in surgery and disfigureaent. Prestress uire broke and struck ciaiiants shoulder. Employee tilled when tuo-part wheel asseaply he uas reanving exploded. Exploring subrogation against wheel service coapany. u/c 85-86 1318 MORENCY 560.105 0 Uncured pipe collapsed and fell on enployee when sold was reaoved. (' 86-37 1147 PATTERSON 204,010 0 Stressed cable released, severely lacerating and fracturing bones in both hands and lacerations on head and back shoulder area. u/c 67-68 1142 QUINTERO u/c 87-88 1147 CHAVEZ 106,000 118,000 0 Carrying ladder, slipped and fell, injuring back. Reserve $66,778. 0 Stripping concrete bed, steel far* case loose and pinned clamant between the fora and the cross ties. Reserve $59,625 u/c 87-68 1466 CLATTON 383,000 0 Claiiant fell off of and was run over by forklift injuring chest and left ar. Reserve $142,072 u/c 88-89 1316 OE LA TORRE 140,503 0 Extension for* fell on claisant's feet cutting his feet on etal lor*. Right loot amputated, crush injury to both feet. At hoie alter aiputatian. claiiant fell and fracti hip. requiring surgery. GLD053823 0049-GLD-000053823 & TOTAL 699 143 170 121 61 61 >to t<o 23E >to Ro* tCoo X O> 0t-3 0035 iO- M 03 a OJ t\5 *O-3 s IP rc ^cn Xn ^ CO 2! .oV>Cft-. O g< ttBnspoc to ttoo Mto w tco* <<oo -a* oto c-0 a ottXoo - o 05 -3 CO to i(k ) o o to *-* 4 -4 4 O Mn oM 2Otoo-} to oto ec 3to CO ~o ws: Stoo CO 09 og CP >-3 >> co r* CO > 07 to -"2 teo aco: <>to >-*<ooo t sCO -4 o) as cn o tttooo to i--OOO ex? oo 5 20 107 GLD053824 0049-GLD-000053824 r V_ ( ( MARKETNGWEHCLSHC.WRI a >tMr* ac s> rcon pxs pi z ^nvcc. WHXa >- < sc o aCO o no Pi-Si ca o Sa % VO ? cz r> 2 o -3 CO w> -3 < CO >VoO PS Co 5HX o9o3 >. * z 03 C3CS a o e- "0 CO 6 co --< o*4 >s --Z PwI o33 > ac9o3 CO Xm PS CO 00 o o Z > 93 s O OX -o tD 0 1 H O SCOJ 8 8 13 C C3 *a SC * >5 cn PS 13 * "3 O ato 93 CO *70 GLD053825 0049-GLD-000053825 MARKETNGWEHCLSHC. WR1 o-1 -r>9< X> >CXO r>CO S o Ho 5S to-* 1I I1-0* H* U t A (D O t r3 to i to c j \ i oi TJ s o-i tn tO P3 'cvn xX 00 H \to toz ow- c^<n X o CO s *so c en* ir o> < CO I to M *3 >o-3 O Aeo |r Mco U 3 c; o X CO | to o I Cn to o c X-o CO *o o scno c zH* *-9 CO C O< >C0 p* CO o t9n o g CO r i fO J H M MI h r to to oto tt t0o> X cn x CO *M* ii o-- *-* CooO x > CRO 0o3 o3C 9eo CO *-3 co CO *T3 ot 2 oa -0 *p x*~4 fO o 00 o tcon *0 o g s 50 CO 0 s o to 52 to r* "1 // GLD053826 0049-GLD-000053826 MARKETNC5WEHSCH89. WR1 7 /2 5 /8 9 /c ls H O H> tr* X*-<-3HOOZ scoxxzxrx Pas<JzWtzcKswMas>oow^crnOr>ro3>3>X *c:-3>*-^Qc>o 5xSOS>2^ *c<j a>: a^>: z o C>3 xoCr* z1tXon-*4 o:>><> ofl-<crO:o>>iw-i>O>*c*SXC<jz>CoO cz Z> CoO> I| m -* w-* o> rc>-*i6>-4iU I OCtOCIfr-3<flfr^IOOMOUOIOM^Q -3 o >* r* Ot-i Ii ooAAHM* Oueo^iMJAiNoioxHo* ee --MO 2 VO t--4 g w I CCOO II ^MWPMO WOO1Ok-- V1NUINUCO0I-Q o Xc M| Q| ^_4 ^ | -4 ^ -3 i W^NWt-O^A^OjftHOH^CtOOO 2 o X ro It <i i o^rct0Cfoott>ooooro*-*oo>-`i-^o o x M**3 1I I-- t-tv-*^ooOC^*-*O>-fcOtN3>-*Wk-r0OO e? o CO o"0 sc w X c 2 M SC 3 < CO c 0 Xc < o CO c *3 52 > cr H e: w* 2 D O e>* co CO OOk-OOOCOOOOOOOOO*-* t i-ooroooMOMOMOoo-kwi-400 ^% o 5 o t*3 VO CO i otooooov-o^oooootooooo X w X CO OI 0 3 GLD053827 0049-GLD-000053827 MA3.<TKGVVEHCLSC. US!l HKORO VEHICLES BY PLANT PLANT # TCTRS TRKS P.U. DUMP SIXES P.P. GRADERS VANS TOTAL CORP i 0 0 0 0 0 3 a a 3 ENG - LAX Z a 0 0 0 0 3 0 0 3 KNC-CR ID 0 0 a 0 0 2 0 0 2 OFU It 4 ' 3 7 0 0 5 l 0 20 HST 12 0 4 7 1 0 4 t Q 17 SAT 14 4 0 5 0 0 2 0 0 11 -AL3P 20 fl 0 0 0 a 0 0 0 0 ALB PS 21 0 0 0 0 0 0 0 d 0 ALB TRIC 22 7 0 IB 0 i 4 l 0 23 OEM 23 5 0 3 1 Q 2 1 0 12 ELP 24 5 0 2 1 0 1 0 0 9 TUL PS 25 1 0 2 0 1 0 1 D 5 FSN 30 0 Q a a Q 1 0 Q 1 LRK 31 0 1 i 0 0 1 0 0- 3 KNC 32 1 0 3 0 0 3 0 a 7 OKC 33 1 0 2 0 0 2 0 0 5 ONA 34 4 0 2 1 0 2 1 a 10 -TUL P 35 2 0 2 0 a l .0 0 5 STL 37 0 0 2 Q 0 l a Q 3 ORO - ER 40 0 Q 0 0 0 3 0 3 3 ORO 41 4 0 2 a 0 3 1 a t2 MIA 42 4 0 2 l 2 3 0 0 12 ATL 43 t 1 3 0 0 4 0 0 9 TPA 44 2 0 1 i 0 2 3 Q 5 TLH 45 2 0 1 l 0 1 D 0 5 CHA 44 1 Q 2 0 0 1 D 0 4 JAX 47 1 Q 1 0 0 1 0 0 3 FHY 48 4 0 1 a 0 3 0 a 3 LAX - UR 50 0 0 0 0 0 3 0 0 3 LAS 51 2 0 3 0 0 2 0 Q 7 PHX 52 Q Q 3 a 0 3 a 0 4 RNO 53 1 Q 2 0 a 2 0 0 5 PLO 54 0 2 2 0 Q 3 0 a 7 FSE 50 1 0 3 0 0 2 3 3 5 NAP 41 0 0 1 0 0 4 1 0 4 ORL 42 0 0 2 t 0 0 0 0 3 THO - HR 45 0 G 0 a 0 2 a 0 2 THO 45 9 1 3 i 0 4 0 0 18 UlL 44 5 4 2 i 3 2 0 0 14 HOC 47 2 2 2 i 0 4 0 1 12 SAL 48 3 1 1 i 0 Z 0 0 8 HAG 4? 7 1 1 l 0 2 0 0 12 LAX 70 8 t 2 i 0 4 0 1 17 KYS 75 0 0 2 i 0 t Q 0 4 GW 7? 0 0 0 a 0 0 0 a 0 COL 80 D 0 1 Q 0 1 0 a 2 ALU e 2 2 l 0 0 2 a Q 7 SSU 15 1 2 0 0 1 0 0 0 4 INS 15 1 0 1 0 0 0 0 Q 2 ?UA LAF 17 0 0 1 1 a 0 3 a 2 18 5 2 2 a 1 a Q a 10 HEN [NO GIST 19 29 5 0 D 0 3 0 t a 0 a 0 0 1 0 0 10 a0 TOTALS 107 27 7? 17 4 IQl 9 2 348 GLD053828 0049-GLD-000053828 HYDRO VEHICLES IN TEXAS BY CLASS & GLD053829 0049-GLD-000053829 ..Jtt OS 3= O3: Cuh JO >aLs] *t-fi ^ VCJ. Z H UasJ Sto OS <S3 < \c- WMK POWER UNITS BY STATE AND CLASS oas ii o odo i VI 0(0 t <A OS CM tO I C" U) X CO OS Ua<os3 a OWI-S S~>< o^ i i IiI o CM tf) I CSO a oCD 1 O OS os oEO0<-0* IH !I a. so w Tr-Hf r| t> Xo Ed <o iii co *-* aas. hJ 5 O(OJ *-Q* II <0 Q E- <zo < a H-t OS C<>O <z J eeo<- \ <0 oEi CO z o a a! c(XHdoI tto CL t Q r> CL 60 os e2 CO f5 Ct-J O3S: u aCOs oo hJ cj CQ >2 z W oass 2 8"f GLD053830 0049-GLD-000053830 (EL-qiLElAACr.HSc.URi `4/SS/cis SCHEDULE OF INSURANCE AMERICANi AGGRESAIHjj INSTANCE COVEr AS COfWESC!AL PACKAGE POLICE PROPERTY INSURANCE All Risi excluding Earthsuate & Plead ACV Basis MX Ca-!rs/Agresd Aat 3ENERAL LIABILITY AUTOMOBILE LIABILITY Caaorehensive - ACV EKLL ( IB1LE PROPERTY FLOATER All Risk including Iced X Earthquake ACV 8ssis CONTRACTORS EO'JIF. FLOATS? All Risk UMBRELLA LIABILITY 1st Layer LIMITS DEDUCTIBLE (collars) SSSSBSSSSS COMPANY l POLICY NUMBER sssssssssssas 5>E93,BSi Blanket cr. Bui Idiocs L Persona! Property 25.3D0 sr 253 desending Sn iacstion L'SFIG IM?D7632il27-01 1>003.000 NONE UarlG IMP078524127-01 1,033.000 SO.000 COFIFLPPI USfiS each accident IMP078524127-Q1 {Michigan) 530 130 each Ccasrehensive loss, sax. 500 250 each Cc Hi si on or Ifeset loss 25>iSOiOCO Blanket and Agreed Aaour.t Coverages 25,000 LSFiS !MP07fi524127*01 1,164,753 5,000 U5FLG IMP078524127-D1 5.000,000 NONE USFLG 1HP078S2412701 TOTAL PACKAGE POLICY PREMIUM TRUCKERS INSURANCE 1,000,033 (Srsin-HuHsmter Materials Co.) NONE UQREILA EXCESS LIABILITY 2nd Laver 10,000.000 NONE . excess cf $6,000,000 v 3rd Layer 4th Laver 5,000,000 NONE excess ok $16,000,000 lO.Doo.ooo Noie excess cf $21,000,000 USFXE IAT10753942100 . PACIFIC EMPLOYERS INS XCC 02 78 14 FIRST STATE INS CO EU 006971 FIREMAN'S FUNO INS CO XXK1900867 POLICY PERIOD sssss ANNUAL t o t al PREMIUM 4/1/53-39 43,931 4/1/63-3? 4/1/B8-29 120,000 ' 50,000 4/1/52-59 23,160 4/1/55-59 4,667 4/1/65-59 35,020 331,755 uftsessssssss 4/1/86-09 115,016 EAP 4/1/88-B9 4/1/38-09 4/1/83-39 70,053 25,000 30,000 GLD053831 0049-GLD-000053831 ( Fp'JLENAA.CSCH5S. WR1 v. *4/3S/cls INSURANCE COVERAGE UOSKEx; COMPENSATION/ ESLDYESS LIABILITY SCHEDULE OF INSTANCE AMERICAN AGGREGATES LIMITS DEDUCTIBLE {dollars) COMPANY k POLICY NUMBER STATUTORY NONE Sailovers Lias; IflO.flOC each a:: 500,ODD Paf;=v iis:t by disease 100.300 each esolovee by disease FIDELITY l GUARANTY 52 00522 35 5 POLICY PERIOD ssssss 4/1/35-55 ANNUAL TOTAL PREMIUM. sssssssssssss 355.044 EAF BOILER 5 MACHINERY Broad Fere Accident Aii Objects indue in; Renair or Reslaceeent 1,000,CCD 25.000 3UCKEYE UNION INS CO 8R2705157 4/1/56-5? 13.115 EAF MARINE INSURANCE Hull Coverage 'i1 Excess P l I 1st Layer 2nd Laver Fsllotting Fori 1.942,000 AS FEE SCHEDULE :>ooo,coo AS PER SCHEDULE AS FES SCHEDULE 9.000,000 AS PER SCHEDULE 20,000,000 NONE NONE Federal Water Polluticn (Grant Contracting) 5.000.000 Aggregate 2.530 each accident or Occurrence BUCKEYE UNION INS CO (MOACJ HV 7-33-73 4/1/23-5? BUCKEYE UNION INS CO (MOAC) HV 7-33-7? 4/1/66-2? ST. PAUL PROP, t LIAS- INS CO 4/1/55-5? 352FAQ75Z ARKWRIGHT BOSTON MFG INS CO MHQ97831 4/1/56-89 WATER QUALITY INS SYNDICATE 30-2545-10 9/15/67-85 24.474 15.703 15,750 17.500 2,306 DUELIINS INSURANCE Ail Risk 11251 Loner Valley Pike Mednay. OH All Risk ' River Raad 4 East 114th St. Cartel. IN All Risk 25?1 Wood Bluif Lane Soring Valley. OH 45370 100>000 Bldg 5DQ 4.000 Rents 155.500 Bldg 500 214,000 Bldg 500 AUTO-OWNERS MUTUAL INS CO 05271453 AUTO-OUNERS MUTUAL INS CO 05312S53 USFtS 0U0S0343442 4/1/BB-89 310 4/1/58-8? 549 2/19/53-59 1,04? ?-3 GLD053832 0049-G LD-000053832 SCHED'JLE\AAC5'H99. UR1 f '33/:Is SCHEDULE OF INSURANCE AMERICAN AGGREGATES INSURANCE COURAGE LIMITS DEDUCTIBLE (dollars) COMPANY l POLICY NUMBER AlI Risk 420 Trentcn Court Zicnsuillei IN 46C77 155,000 Bid; 502 COVERAGES UCUJOSD IN ARC PROGRAM NON-OUNEO AIRCRAFT s j DDDiDCO NONE USFSG 0X50312559 ASSOC. AVIATION UNDERWRITERS 97 GU 403323 EXECUTIVE LIABILITY Fidelity . Fiduciary DIO 2.002,000 5,030,000 5,000,000 25,000 none 5,000/PERSON 10G,000/COR? FEDERAL INSURANCE/CHUBB . 6203 45 53A SZOS 45 53A 6203 45 57A * POLICY PERIOD ANNUAL TOTAL PREMIUM 2/19/55-59 734 11/1/B7-SS 1,500 9/23/87-33 32,143 1 . INSURANCE PROGRAM PREMIUM 91,057,227 \ ....... *4 GLD053833 0049-GLD-000053833 Jam SC 3/2/S?/cis SCHEDULE OF INSURANCE ERNST AGGREGATES II tS S I1I1 I INSURANCE COVERAGE COMMERCIAL PACKAGE POLICY PROPERTY INSTANCE Special Fora Replacnent Cast Basis 9OT. Co-Ins Accts Receivable 601 Ca LIMITS 771,750 Blanket on Bui 1 dings L Personal Property 1,300.ODD DEDUCTIBLE WoLlars) sssssssaaar 1,000 GENERAL LIABILITY Excl. Prod. 1 Caspl Ops Stop Gap 1,000,000 1,000,ODD NONE MOBILE PROPERTY FLOATER Oirect Physical Dasage ACV Basis 2,625)000 Blanket Gravel Plants 5,000 CONTRACTORS EQUIP. FLOATS Oirect Physical Oaaage Scheduled touip. Portable Batch Plants Rented. Borrowed, Leased 1,809,580 200.000 50,000 2,500 2,580 2,580 EXECUTIVE LIABILITY { Eeployee Dishonesty Forgery Theft, Dishonesty. Destruction 100iGOO 10,000 None 5,000 In/Out TOTAL PACKAGE POLICY PREMIUM COMPANY l POLICY NUMBER sssssssssssss INDIANA INS. CO 42-40-403 INDIANA INS. CO 42-46-483 INDIANA'INS. CO 42-40-483 INDIANA INS. CO 42-46-403 INDIANA INS. CO. 42-048-403 AUTOMOBILE LIABILITY Medical UN Cosarebensive - ACV Collision WORKERS COMPENSATION/ EMPLOYERS LIABILITY UMBRELLA LIABILITY 1,000,000 5,000 300,800 STATUTORY 1,080 P.0. 500 500 NONE 10,000,000 18,000 INDIANA INS. CO 22-42-459 STATE FUND 815044 INOIANA INS. CO 14-079-405 BOILER L MACHINERY Scheduled Locations All Electric Haters 100 HP & aver 100,000 Blanket 250 CINCINNATI BMS2617109 1 :im CUiis Hade 1.000,000 None FEDERAL INSURANCE/CHUBB 3US1287 TOlftL INSURANCE PROGRAM PREMIUM EFF. 0/19/86 ALL COVERAGES HERE MERGED INTO AMERICAN AGGREGATES PROGRAMS POLICY PERIOD caaeate"' 4/1/88-69 ANNUAL TOTAL PREMIUM 7,350 4/1/88-09 4/1/83-69 4/1/88-89 8,583 11,448 inci 4/1/86-69 1,123 4/1/83-8? 28,SG? 60,557 7/1/B3-89 4/1/88-6? 4/1/67-90 ,f UNK 24,720 1,674 ANNUALLY 4/1/07-6? 7S0 *116,210 GLD053834 0049-G LD-000053834 I'JtJlEttAKhSW.lK: 9/e/a9/c!s SCHEDULE OF INSURANCE ARC AMERICA CORPORATION * 'NSURANCE COVERAGE .ssss:s::?ss:;s::ss AtG RETROSPECTIVE INSURANCE PROGRAM (/driers' Condensation/ Enpioyer's Liabi 1 ity General Liability II II U IIII II LtMITS DEDUCTIBLE Idol tars) SSS8SSSSS3 STATUTORY 1,000,000 PER CLAIM l.OOO.ODO AGG. FOR 01SEASE NONE 1.000.000 NONE COMPANY l POLICY NUMBER ============= NATIONAL UNION FIRE INSURANCE COMPANY UCU24549 (ALL OTHER) NATIONAL UNION UC1124547 (CA ONLY) BIRMINGHAM FIRE INS. CO. UC11Z4S48 (A2. OR. MO) NATIONAL UNION GLA4S94D21 POLICY PERIOD ANNUAL TOTAL PREMIUM 11/1/00-89 1 AIG ortsiuE is estiaatec based on projected losses under $200,000 per occurrence retained by ARCA. Preaiw i be adjusted annually consent: i 5/1/90 according to actua! lass experience. 11/1/BB-B9 Auto Liability l.ooo.ooo NONE TOTAL AtG PREMIUM (includes Johnson 1 Higgins tee) NATIONAL UNION RMBA14S912B RMBATX1459129 (TEXAS1 ll/l/eB-09 11/1/60-09 2.473.020 * SEPARATE U/C PROGRAMS NOT INCLUDED IN AIG PROGRAM Specific Excess Workers' Casoensation & Ebp1 oyer's 1D.QQ0.QQQ CA. UA. NV WORKERS COMP 3S0.C00 EMPLOYERS RE C35Z2S 5/24/89-90 14JE.2B7 DEPOSIT Liability (for Self-Insured l USUH OHIO States CA. VIA. NV. OH) 1.030,000 400.000 Preaiua subject to 9CX of (Includes AAC) EMPLOYERS USUH Deposit Miniaua - Adjustable LIABILITY 5CO.OOO at audit iratH DOES NOT COVES GRANT CONTRACTING EMPLOYEES. THEY ARE COVERED BY USFLG (ONLY FOR USUH) UMK Arizona Workers' Coapensation Esployer's Liability STATUTORY SOQ.DOD PER CLAIM 2.500,000 AGE. FOR DISEASE NONE NONE ARIZONA STATE FUND 1Z4S72-9 SAME TOTAL PRIMARY CASUALTY PROGRAMS UMBRELLA LIABILITY (First Layer) (TOTAL $30,000,000 LIMITS EXCESS OF PRIMARY CASUALTY COVERAGES) 5)000)000 NONE TRANSCONTINENTAL UM82744973 (Second Layer) 10.000,000 NONE NATIONAL UNION 3070154 (Third Layer) 15,000.000 NONE FIREMAN'S FUND XXK190901? 11/1/88-89 33.006 2.076.055 11/1/88--89 350,405 Adj. at $1.35/1,000 Sales 11/1/88-89 140,192 ii/i/es-e? 112,134 TOTAL UMBRELLA PREMIUM 422,731 GLD053835 0049-GLD-000053835 JUtS\>oCr.S9A.(JEl . ,,/39/c!s SCHEDULE OF INSURANCE ARC AMERICA CORPORATION INSURANCE COVERAGE ` LIMITS DEDUCTIBLE {dollars) COMPANY l POLICY NUMBER EXECUTIVE LIABILITY (Includes AAC) Fidelity Fiduciary 0 10 2,000,000 5,000,000 10,000,000 50.000 NONE S.OOO/PERSON 100.00G/C0RP FEDERAL INSURANCE CHU83 8108 45 568 8108 45 5BB 8108 45 57B TOTAL EXECUTIVE LIABILITY POLICY PERIOD 9/26/8810/1/89 ANNUAL TOTAL PREMIUM 16,735 7,740 90,636 115,111 NON-OUNED AIRCRAFT LIABILITY (Includes AAC) 10,COO,000 NONE WHARFINGER LIABILITY 1,000,000 Construction Products Corporation Cannalton, IN Operations 2,500 TOTAL CASUALTY PROGRAMS ASSOC. AVIATION UNDERWRITERS 97 GW 404281 ARKWRIGHT INS CO. MMNU8246? 11/1/88-89 5/16/89-90 2,525 2,250 3.620.712 PROPERTY INSURANCE All Risk (Inc:. Transit) Property Damage Personal Ccrsuters Seiler 1 Machinery Oirect Damage Expediting Expense Production Machines Extra Expense 211,038,000 REPLACEMENT VALUE 35,000 1,000 PER UNIT. ALLENDALE INSURANCE UA066 10,000,000 REPLACEMENT VALUE 5,000 PROPERTY DAMAGE 1,500 CONTINENTAL BMP 1107625 10/1/08-89 111,367 10/1/87-9C 26,525 TOTAL PROPERTY INSURANCE 137,892 TOTAL ALL INSURANCE MISCELLANEOUS SURETY BONO RATES EFFECTIVE 1/1/88 SUPPLY ONLY $3.00 PER $1,000 REGARDLESS OF SIZE CONTRACT PRICE 1ST $500,000 NEXT 2.000,000 NEXT 2,500,000 NEXT 2.500,000 OVER 7,500,000 BRIDGES 9.00 6.SO 5.50 5.00 4.QQ BUILDINGS 11.50 a. oo 6.50 6.00 535.00 INCLUDING ERECTION NEVADA SALES TAX $10/1,000 3,758.606 GLD053836 0049-GLD-000053836