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ENDORSEMENT <br /> This endorsement. effective 12:01 A.M. 04/01/2026 forms a part of <br /> policy No. CA 477-36-76 issued to ST. FRANCIS ELECTRIC, LLC <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 /> AUT ORIZED REPRESENTATIVE <br /> 62897 (6/95) <br /> 648: 7 of 22 <br />