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49 ZURICH-AMERICAN INSURANCE GROUP <br />ENDORSEMENT <br />POLICY NO, <br />EFF DATE OF POE <br />EXP DATE OF POL. <br />EFF DATE OF END. <br />AGENCY NO. <br />ADD PREMIUM <br />RETURN PREMIUM <br />GL0644543518 <br />1l1/2008 <br />1/1/2009 <br />50-443 <br />$ <br />$ <br />This Endorsement Changes The Policy. Please Read It Carefully. <br />Named Insured: <br />Schindler Elevator Corporation <br />Address (including ZIP code): <br />20 Whippany Road, Morristown, New Jersey 07960 <br />This endorsement modifies insurance provided by the following: <br />COMMERCIAL GENERAL LIABILITY <br />BLANKET ADDITIONAL INSURED ENDORSEMENT <br />The "Persons Insured" provision are amended to include as an Insured any person or organization for who the <br />Named Insured has specifically agreed by written contract to procure Bodily Injury, Property Damage and Personal <br />Injury Liability Insurance provided that: <br />A. This insurance applies only to each coverage which the Named Insured has agreed to provide by contract, but in <br />no event shall coverage exceed the coverage otherwise afforded by this policy: <br />B. The amount of insurance is limited to that required by such written contract, but in no event shall the limits of <br />liability exceed the limits of liability provided by the policy: <br />C. This insurance applies only to Bodily Injury or Property Damage arising solely out of negligent acts, errors, or <br />omissions of the Named Insured while the Named Insured is actively engaged in operations at the site <br />designated in the Contract between the Named Insured and the Additional Insured: <br />D. This insurance shall apply as primary insurance as respect to any person or organization for whom the Insured <br />has agreed by written contract to provide insurance on a primary basis with other insurance available to such <br />person or organization being excess and not contributory with the insurance afforded by this policy <br />E. This insurance shall terminate upon the earlier of the following: <br />1. Termination by written contract between the Named Insured and the Additional Insured; or <br />2. When the project meets the definition of substantial completion on the contract between the Named <br />Insured and the Additional Insured. <br />Countersigned: <br />(Authorized Representative) <br />U-GL-113-BCW(4189) <br />Page 1 of 1 <br />