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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />ENDORSEMENT <br />This endorsement, effective 12:01 A.M. 06/29/2007 forms a part of <br />Policy No. CA 160-69-94 issued to TYCO INTERNATIONAL MANAGEMENT COMPANY <br />By American Home Assurance Company <br />WAIVER OF TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO US <br />This endorsement modifies insurance provided under the following: <br />BUSINESS AUTO COVERAGE FORM <br />Section IV -Business Auto Conditions, A. -Loss Conditions, 5. -Transfer of Rights of Recovery Against Others <br />to Us, is amended to add: <br />However, we will waive any right of recovery we have against any person or organization with whom you Dave <br />entered into a contract or agreement because of payments we make under this Coverage Form arising out of an <br />"accident" or "loss" if: <br />(1) The "accident" or "toss" is due to operations undertaken in accordance with the contract existing <br />between you and such person or organization; and <br />{2) The contract or agreement was entered into prior to any "accident" or "loss". <br />No waiver of the right of recovery will directly or indirectly apply to your employees or employees of the F~erson <br />or organization, and we reserve our rights or lien to be reimbursed from any recovered funds obtained by ~~ny <br />injured employee. <br />62897 {6/95) <br />