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COMMERCIAL GENERAL LIABILITY <br />CG 24 02 12 04 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />BINDING ARBITRATION <br />This endorsement modifies insurance provided under the following: <br />COMMERCIAL GENERAL LIABILITY COVERAGE PART <br />ELECTRONIC DATA LIABILITY COVERAGE PART <br />LIQUOR LIABILITY COVERAGE PART <br />OWNERS AND CONTRACTORS PROTECTIVE LIABILITY COVERAGE PART <br />POLLUTION LIABILITY COVERAGE PART <br />PRODUCTS/COMPLETED OPERATIONS LIABILITY COVERAGE PART <br />PRODUCT WITHDRAWAL COVERAGE PART <br />RAILROAD PROTECTIVE LIABILITY COVERAGE PART <br />UNDERGROUND STORAGE TANK POLICY <br />If we and the insured do not agree whether coverage <br />is provided under this Coverage Part for a claim made <br />against the insured, then either party may make a <br />written demand for arbitration. <br />When this demand is made, each party will select an <br />arbitrator. The two arbitrators will select a third. If they <br />cannot agree within 30 days, either may request that <br />selection be made by a judge of a court having juris- <br />diction. Each party will: <br />1. Pay the expenses it incurs; and <br />2. Bear the expenses of the third arbitrator <br />equally. <br />Unless both parties agree otherwise, arbitration will <br />take place in the county or parish in which the ad- <br />dress shown in the Declarations is located. Local <br />rules of law as to procedure and evidence will apply. <br />A decision agreed to by two of the arbitrators will be <br />binding. <br />CG 24 02 12 04 © ISO Properties, Inc., 2003 <br />oR,N F RiskMougementD'Mslcrn <br />a� REVIEWED & APPROVED BY. <br />`® tq {iceva�o <br />Risk Management Specialist <br />y NJ <br />Page 1 of 1 ❑ <br />