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<br />02/09/2007 18:58 <br /> <br />9255521555 <br /> <br />VALEvOAK <br /> <br />PAGE 03 <br /> <br />IMPORTANT <br /> <br />Ir Ihe ce~lrlCale holder I. an ADDITIONAL INSURED, the pollcY(I.'} must be endorsed A .talemen! <br />on lnis ceru'icate does not conter rights 10 the certificate hOlder In lieu of such endotsement(s) <br /> <br />11 SUBROGATrON IS WAIVED, subject to the terms and conditions of the policy, certaIn poricles may <br />reql.Mre an endorsement A statement on this certificate does not confer rights 10 the certificate <br />holder In lieu or such endorsement(6) <br /> <br />DISCLAIMER <br /> <br />Ttle CertirlCate of Insurance on the relferse side of thiS form does not constitute 8 contract between <br />the iSSUing insurer(sl. authorized rllpre6entahve or Ilroducer, and the certlficale holder, nor does It <br />affirmatively Of negatively amend. ewtend or alter rhe coverage afforded by the pohcles listed thereon <br /> <br />.CORD 215 (200'101) <br /> <br />\~ Z/~ <br />