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POLICY NUMBER: SPI G28990649 004BUSINESSOWNERS <br />BP 04 97 01 06 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />WAIVER OF TRANSFER OF RIGHTS OF RECOVERY <br />AGAINST OTHERS TO US <br />This endorsement modifies insurance provided under the following: <br /> BUSINESSOWNERS COVERAGE FORM <br />SCHEDULE <br /> Name Of Person Or Organization: <br />CITY OF MONTEREY PARK; <br />Mesa Water®, its’ directors, officers, employees <br />Information required to complete this Schedule, if not shown above, will be shown in the Declarations. <br />ParagraphK. Transfer Of Rights Of Recovery <br />Against Others To Us in Section III – Common <br />Policy Conditions is amended by the addition of the <br />following: <br />We waive any right of recovery we may have against <br />the person or organization shown in the Schedule <br />above because of payments we make for injury or <br />damage arising out of your ongoing operations or"your <br />work" done under a contract with that person or <br />organization and included in the "products-completed <br />operations hazard". This waiver applies only to the <br />person or organization shown in the Schedule above <br />BP 04 97 01 06© ISO Properties, Inc., 2004Page 1 of 1 <br />