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KDC SYSTEMS (3)
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Last modified
3/6/2025 2:30:29 PM
Creation date
3/6/2025 1:56:46 PM
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Contracts
Company Name
KDC SYSTEMS
Contract #
A-2022-009-01
Agency
Public Works
Council Approval Date
1/18/2022
Expiration Date
1/17/2025
Insurance Exp Date
10/31/2024
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Berkley Assurance Company <br />Page 1 of 1 <br />Responsible Entity Waiver of Subrogation Affirmation Endorsement <br />In consideration of the premium paid, it is understood and agreed that Section XI.C. is deleted in its entirety and replaced with the <br />following: <br />C. Subrogation <br />In the event of any payment under this Policy, we shall be subrogated to all of your rights of recovery thereof. You shall execute <br />and deliver all requested instruments and papers in furtherance of such rights to us and do whatever else is reasonably necessary <br />to secure such rights. You shall do nothing to waive or prejudice such rights. We shall have priority in any recovery, and any <br />amounts recovered in excess of our total payment and the cost to us of recovery shall be paid to you. However, we waive our <br />rights of subrogation under this Policy, to the extent such a waiver is required by a written contractwith you executed priorto the <br />Claim, against any of the following that is not a Responsible Entity: your clients, their parents or other affiliates, and your client's <br />designees; and your co -participants in an entity for which your participation is insured under Definition 0.4. of this Policy. <br />For Coverage A only, we will not subrogate against a Responsible Entity, provided it has maintained Recoverable Insurance, <br />regardless of whether or not such Recoverable Insurance is exhausted or reduced. <br />Whenever printed in this Endorsement, the boldface type terms shall have the same meanings as indicated in the Policy Form. All other provisions of <br />the Policy remain unchanged. <br />Insured <br />Number <br />EMCORGroup, Inc <br />TPolicy <br />CAB-5026259-1024 <br />Effective Date of This Endorsement <br />P�U-thorized Representative <br />10/31/2024 <br />Policy Form: PERFORM-10002 (11-20) 37489-5021542-132351 23 - PERFORM-10118 (01-21) <br />
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