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• <br /> IL 02 69 09 07 <br /> THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br /> NORTH CAROLINA CHANGES -- CANCELLATION <br /> AND NONRENEWAL <br /> This endorsement modifies insurance provided under the following: <br /> CAPITAL ASSETS PROGRAM (OUTPUT POLICY) COVERAGE PART <br /> COMMERCIAL GENERAL LIABILITY COVERAGE PART <br /> COMMERCIAL INLAND MARINE COVERAGE PART <br /> COMMERCIAL LIABILITY UMBRELLA COVERAGE PART <br /> COMMERCIAL PROPERTY COVERAGE PART <br /> CRIME AND FIDELITY COVERAGE PART <br /> EMPLOYMENT-RELATED PRACTICES LIABILITY COVERAGE PART <br /> EQUIPMENT BREAKDOWN COVERAGE PART <br /> FARM COVERAGE PART <br /> FARM UMBRELLA LIABILITY POLICY <br /> LIQUOR LIABILITY COVERAGE PART <br /> POLLUTION LIABILITY COVERAGE PART <br /> PRODUCTS/COMPLETED OPERATIONS LIABILITY COVERAGE PART <br /> PROFESSIONAL LIABILITY COVERAGE PART <br /> A. Paragraph 2. of the Cancellation Common Policy (b) An act or omission by the insured or <br /> Condition is replaced by the following: his or her representative that consti- <br /> 2. Cancellation Requirements lutes material misrepresentation or <br /> nondisclosure of a material fact In <br /> a. Policies In Effect Less Than 60 Days obtaining this policy, continuing this <br /> If this policy has been in effect for less than policy or presenting a claim under <br /> 60 days, we may cancel this policy by mail- this policy; <br /> ing or delivering to the first Named Insured (c) Increased hazard or material change <br /> written notice of cancellation at least: In the risk assumed that could not <br /> (1) 15 days before the effective date of have been reasonably contemplated <br /> cancellation if we cancel for nonpay- by the parties at the time of assump- <br /> ment of premium;or lion of the risk; <br /> (2) 30 days before the effective date of (d) Substantial breach of contractual <br /> cancellation if we cancel for any other duties, conditions or warranties that <br /> reason. materially affects the insurability of <br /> b. Policies In Effect More Than 60 Days the risk; <br /> If this policy has been in effect for 60 days (e) A fraudulent act against us by the <br /> or more, or is a renewal of a policy we is- Insured or his or her representative <br /> sued,we may cancel this policy prior to the: that materially affects the insurability <br /> (1) Expiration of the policy term;or of the risk; <br /> (f) Willful failure by the insured or his or <br /> (2) Anniversary date, her representative to institute rea- <br /> stated in the policy only for one or more of sonable loss control measures that <br /> the following reasons: materially affect the insurability of the <br /> (a) Nonpayment of premium; <br /> risk after written notice by us; <br /> IL 02 69 09 07 ©ISO Properties, Inc.,2006 Page 1 of 2 0 <br />