Orange County NC Website
ENDORSEMENT <br />This endorsement, effective 12:01 A.M. 04/01/2020 forms a part of <br />policy No. CA 448-97-03 issued to HOFFMAN & HOFFMAN, I NC. <br />by NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <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 <br />Against Others to Us, is amended to add: <br />However, we will waive any right of recover we have against any person or organization with whom you have <br />entered into a contract or agreement because of payments we make under this Coverage Form arising out of <br />an "accident" or "loss" if: <br />( 1)The "accident" or "loss" 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 <br />person or organization, and we reserve our rights or lien to be reimbursed from any recovery funds obtained <br />by any injured employee. <br />AUTHORIZED REPRESENTATIVE <br />62897 (6/95) <br />04/01/2023 <br />DocuSign Envelope ID: EF4B1761-E191-4214-9651-0FC3E17A972A