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BUSINESSOWNERS <br />PB 04 97 07 07 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />WAIVER OF TRANSFER OF RIGHTS OF RECOVERY <br />AGAINST OTHERS TO US <br />This endorsement modifies insurance provided under the following: <br />PREMIER BUSINESSOWNERS COMMON POLICY CONDITIONS <br />SCHEDULE <br />Name Of Person Or Organization: <br />WHEN REQUIRED BY A WRITTEN CONTRACT <br />In condition K. TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO US, under paragraph 2. <br />Applicable to Businessowners Liability Coverage, the following paragraph is added: <br />We waive any right of recovery we may have against the person or organization shown in the Schedule above <br />because of payments we make for injury or damage arising out ofyour ongoing operations or "your work' done <br />under a contract with that person or organization and included in the "products -completed operations hazard". <br />This waiver applies only to the person or organization shown In the Schedule above. <br />All terms and conditions of this policy apply unless modified by this endorsement. <br />Includes copyrighted material of Insurance Services Office, Inc., with its permission. <br />© ISO Properties, Inc., 2004 <br />PB 04 97 07 D7 <br />Page 1 of 1 <br />ACP BPO 3027427618 AGENT COPY 47 38424 <br />