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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />ENDORSEMENT <br />ln:s endorsement, effective 12:01 A.M. 01;01;2013 forms a par: of <br />Policy No. CA 519-61 91 issued SCHNEIDER LLLC TRIC IIOLDINGS, INC_ <br />By NATIONAL UNION FIRE INSURANCE COMPANY Of PITTSBURGH, PA <br />WAIVER OF TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO <br />US <br />This endorsement modifies instttance provided under the following: <br />BUSINESS AUTO COVERAGE FORM <br />Section IV - Business Auto Conditions, A. - Loss Conditions, 5. - Transfer of Rights of <br />Recovery Against Others to Us, s amended to add: <br />However, we w:!1 waive any rght of •ecovery we have against any person or organization <br />w l"t whom you have entered :nto a contract or agreement because of payments we make <br />under -his Coverage Form arising out of an "acc dent" or "loss" f: <br />i 1) I he "acc den." or "loss" is due to opera: ons t;nderlake,l n accorda,we w th the <br />contract ex,strriy between you and sucn person or organ zat on; ana <br />(2) The contract or agreement was entered !,)-,o prior to any "accdent" or "oss". <br />No waiver of the right of recovery wii! directly or indirectly apply to your euro oyees or <br />emp'oyees of the person or organization, and we reserve our ,g,its or len to be re moursed <br />from any recovered funds obtained by any injwed einp'oyee. <br />62891 (6:95) <br />AUTHORIZED REPRESENTATIVE <br />