Laserfiche WebLink
<br />ENDORSEMENT <br /> <br />This endorsement, effective 12:01 A.M. 10/31/2006 <br /> <br />forms a part of <br /> <br />policy No. CA <br /> <br />720- 24- 24 <br /> <br />issuedtoPOWELL INOUSTRIES, INC. <br /> <br />by NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA <br /> <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />WAIVER OF TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO US <br /> <br />This endorsement modifies insurance provided under the following: <br /> <br />BUSINESS AUTO COVERAGE FORM <br /> <br />Section IV - Business Auto Conditions, A. - Loss Conditions, 5. - Transfer of Rights of Recovery <br />Against Others to Us, is amended to add: <br /> <br />However, we will waive any right of recover we have against any person or organization with whom you have <br />entered into a contract or agreement because of payments we make under this Coverage Form arising out of <br />an "accident" or "Ioss'o if; <br /> <br />(1) The "accident" or "loss" is due to operations undertaken in accordance with the contract existing <br />between you and such person or organization; and <br /> <br />(2) The contract or agreement was entered into prior to any "accident" or "loss".. <br /> <br />No waiver of the right of recovery will directly or indirectly apply to your employees or employees of the <br />parson or organization. and we reserve our rights Or lien to be reimbursed from any recovery funds obtained <br />by any injured employee. <br /> <br />~ <br />~'''l ~f,/7{~y <br /> <br />,(;. d~ (;F- ~ <br />AUTHORIZED R E~TATIVE <br /> <br />Arl~:;:).i.': ", . . <br />~ ~'\. ,-' - '-' .,., '1 'i.J <br /> <br />62897 (6/95) <br /> <br />:r ,.., <br />