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<br />>' <br /> <br />Econolite Control Products, Inc. <br />Econolite Trafffic Engineering & <br />Maintenance, Inc. <br />California Chassis, Inc. <br />Policy #35818716 <br />04/27/05 to 04/27/06 <br /> <br />Conditions <br />(continued) <br /> <br />TransferOr WaiverOf <br />Rights Of Recovery <br />Against Others <br /> <br />We will waive tile right of recovery we would otherwise have Ilad against another person or <br />organization. for loss to which this insurance applies, provided the insured has waived their rights <br />of recovery against such person or organization in a contract or agreement that is executed before <br />such loss. <br /> <br />To the extent that the insured'srights to recover all or part of any payment made under this <br />insurance have not been waived, those rights are transferred to us. The insured must do nothing <br />after loss to impair them. At our request, the insured will bring suit or transfer those rights to us <br />and help us eoforee them. <br /> <br />This condition does not apply to medical el:penses, <br /> <br />Liability Insurance <br />Form 80-02 20CXXRev.4-01) <br /> <br />A:F'PF~OVEU i\S j.U L~'O. <br /> <br />>_.L~2ji~I2_- <br /> <br />\ :..::c~..: <br /> <br />\t' <br /> <br />Contract <br /> <br />Page 24 of 32 <br />