ixcelebrated i dl ution demonstrx 5 system regulatory information distribution system (rids)...
TRANSCRIPT
iXCELEBRATED
I
Dl UTION DEMONSTRX 5 SYSTEM
REGULATORY INFORMATION DISTRIBUTION SYSTEM (RIDS)
ACCESSION NBR:8812070015 DOC.DATE: 88/11/30 NOTARIZED: NO DOCKET IFACIL:STN-50-528 Palo Verde Nuclear Station, Unit 1, Arizona Publi 05000528
STN-50-529 Palo Verde Nuclear Station, Unit 2, Arizona Publ'i 05000529STN-50-530 Palo Verde Nuclear Station, Unit 3,-Arizona Publi 05000530
AUTH.NAME AUTHOR AFFILIATIONKARNER,D.B. Arizona Nuclear Power Project (formerly Arizona Public Serv
RECIP.NAME RECIPIENT AFFILIATION RDocument Control Branch (Document Control Desk)
ISUBJECT: Forwards Endorsement 10 to NELIA Certificates,N-88 & N-107 &
Endorsement 10 to MAELU Certificates M-88 & M-107. D
DISTRIBUTION CODE: M001D COPIES RECEIVED:LTR ENCL SIZE: 8TITLE: Insurance: Indemnity/Endorsement Agreements
NOTES:Standardized plant.Standardized plant.Standardized plant.
05000528 i05000529o5ooo53o h
RECIPIENTt ID CODE/NAME
INTERNAL: NRR/P PTSB12E 01
EXTERNAL: LPDR
NOTES:
COPIESLTTR ENCL
1 11 1
1 1
1 1
RECIPIENTID CODE/NAME
NUDOCS-ABSTRACT
NRC PDR
COPIESLTTR ENCL
1 1
1 1
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NOTE I0 ALL "RIDS" RECIPIENTS:
PLEASE HELP US 'lO REDUCE WASTE.'XÃZACT 'IHE DOCUMEVZ CONTROL DESK,RXM Pl-37 (EXT. 20079) TO ELIMINATE KN3R NME FMH DISTRIBUTIONLISTS H)R DOCtIMEÃZS YOU DGNIT NEED)
TOTAL NUMBER OF COPIES REQUIRED: LTTR 6 ENCL 6
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Arizona Nuclear Power ProjectP.O. 8OX 52034 ~ PHOENIX. ARIZONA85072-2034
161-01511-DBK/JRPNovember 30, 1988
Docket Nos. STN 50-528/529/530
Document Control DeskU. S. Nuclear Regulatory CommissionMail Station Pl-137Washington, D.C. 20555
Dear Sirs:
Subject: Palo Verde Nuclear Generating Station (PVNGS)Units 1, 2 and 3Nuclear Liability Insurance Program-SecondaryFinancial ProtectionFile: 88-A-056-026
Pursuant to 10CFR140.15 and Section 2(6)(iii) of the Operating License(s),enclosed are two certified copies each of Endorsement No. 10 to CertificateNos. N-88 and M-88, Endorsement No. 10 to Certificate Nos. N-107 and M-107,and Endorsement No. 6 to Certificate Nos. N-114 and M-114. These Endorsementssupersede previous Endorsements No. 9, 9 and 5 submitted to you by letterdated October 26, 1988 (161-01426-DBK/JRP).
Should you have any questions, please call.
Very truly yours,
D. B. KarnerExecutive Vice President
DBK/JRP/dim
Attachments:Certificate Nos. N-88 and M-88, Endorsement No. 10Certificate Nos. N-107 and M-107, Endorsement No. 10Certificate Nos. N-114 and M-114, Endorsement No. 6
cc: G. W. KnightonM. J. DavisT. L. ChanT. J. PolichJ. B. Martin
(all w/a)
83220700i5 S81130PDR ADOCK 05000528PDC
1
Nuclear Energy LlabllltyInsuranceNUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION
ENDORSEMENT TO CERTIFICATE NO. 8-88Forsing Part of Master Policy No. INuclear Energy Liability Insurance
(Secondary Financial Protection)lt is agreed that Endorsement No. 9 attached to thisCertificate is deleted and the following replaces thatendorsement:Effective $e tember 1 1988, it is agreed that
Item 4. of this certificate is amended to read as follows:
Item 4. (a) Identification of prima .financial rotectionapplicable to the nuclear reactor and limit(s)of liability thereof:
Facility Form Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF-266$ 155,000,000
(ii) Mutual Atomic Energy Liability Under-writers'olicy MF-116$ 45,000,000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124FOOOF000
(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 36F000,000
(b) The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master Policy through thiscertificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement(Extraordinary Nuclear Occurrence} and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at theFacility.
(c) Sharing of limit(s) of liability provided underthe rimar financial rotection.
(1) The limit of iability provided under eachFacility Form policy identified insubsection (a)(1) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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Mp (2) The limit of liability provided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds under allCertificates of Insurance issued to be apart of the Master Worker Policies.
2. Only w'th respect to such insurance as is afforded under thiscertif'cate, the first paragraph of Condition 6, PRIMARYFXNANCXAL PROTECTION of the Master Policy — Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:Regardless of the number of policies or contracts of prima~~
ina cial rotectio applicable to a nuclear incident, thelimit of
(a) all Facility Form Policies identified in Item 4 (a)(i) of
(1) this cert'ficate or any other certif'cate having anendorsement similar to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder said policies are equal to the lesser of(i) the sum of the limit of liability under all such
policies, or(ii) two hundred million dollars;
(2) a certificate, other than this certificate or acertificate which has a provision identical to (a)(3,)above, shall be deemed to be exhausted when the sumspaid under said policies are equal to the lesser of.(i) the sum of the limit of liability under said
policiesor'ii)one hundred sixty million dollars;
(b) all Master Worker Policies (Facility Worker Form)identified in Xtem 4(a)(2) of a certificate shall bedeemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of
(1) the sum of the limit of liability available under allsuch Master Worker Policies, or
(2) one hundred sixty million dollars plus the amount ofall automatic reinstatements of the Policy AggregateLimit under such policies.
Effective Date ofthis Endorsement Se tember 1, 1988
12:01 A.H. Standard TimeTssued to Pub1ic Service Com an et a1
To form a part ofof Certificate No. N-88
For the Su cribing Companies
ByGenera] age
Countersigned
THI~ IS TO CPlglFY THAT HIS I A T E g OF THE ORIGINALCEO'.$ 8APc, AC, i
- to + o EREON, FOR
INSURANCE COVERAGE UNDER THE MAS ER POLICY-NUCI.EAR ENERGYLIABI 'TY INSURANCE (SECONDARY FIN CIAL PROTECTION). NOINSUR NCE I FORD 8
JOHN '3UATTROCCVICE PR SIDENT-UNDERWRITING
AMF@Qgggg)R)NSURERS1 0
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Nuclear Energy LlabIlityInsurance
NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION
ENDORSEMENT TO CERTIFICATE NO. 8-88Forming Part of Master Policy No. INuclear Energy Liability Insurance
(Secondary Financial Protection)It is agreed that Endorsement No. 9 attached to thisCertificate is deleted and the following replaces that,endorsement:Effective Se tember 1 1988, it is agreed that1. Item 4. of this certificate is amended to read as follows:
Xtem 4. {a) Identification of rima financial rotectionapplicable to the nuclear reactor and limit(s)of liability thereof:
(1) Facility Form Policies(i) Nuclear'nergy Liability 'nsurance
Association's Policy NF-266$ 1ss,ooo,ooo
(ii) Mutual Atomic Energy Liability Under-writers'olicy MF-116.$ 4s,ooo,ooo
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124 F Ooof 000
(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 36FOOOF000
(b) The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master Policy through ~ thiscertificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at theFacility.
(c) Sharing of limit(s) of liability provided underthe rimar financial rotection.
(1) The limit of liability provided under eachFacility Form policy identified insubsection (a)(1) above is shared among allnuclear reactors on the location describedin Xtem 3 of the Declarations of suchpolicy.
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(2) The limit of liability provided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds under allCertificates of Insurance issued to be apart, of the Master Worker Policies.
2. Only with respect to such insurance as is afforded under thisce t'ficate, the first paragraph of Condition 6, PRIMARYFXNANCIAL PROTECTXON of the Master Policy — Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:Regardless of the number of policies or contracts of ~rimarfinancial rotection applicable to a nuclear incident, thelimit of
(a) all Facility Form Policies identified in Item 4 (a)(i) of
(1) this certificate or any other certificate having anendorsement similar to this endorsement attached to-it shall be deemed to be exhausted when the sums paidunder said policies are equal to the lesser of(i) the sum of the limit of liability under all such
policies, or(ii) two hundred million dollars;
(2) a certificate, other than this certificate or acertificate which has a provision identical to (a)(3,)above, shall be deemed to be exhausted when the sumspaid under said policies are equal to the lesser of.(i) the sum of the limit of .liability under said
policies, or(ii) one hundred sixty million dollars;
(b) all Master Worker Policies (Facility Worker Form)identified in Item 4(a)(2) of a certificate shall bedeemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of
(1) the sum of the limit of liability available under allsuch Master Worker Policies, or
(2) one hundred sixty million dollars plus the amount ofall automatic reinstatements of the Policy AggregateLimit under such policies.
Effective Date ofthis Endorsement
To form a part ofof Certificate No. N-88
For the Su cribing Companies
ByGeneral Manag
(spy~ ' f I
Countersigned y
Se tember 1, 198812:01 A.H. Standard Time
a Public Service Com an et al
THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL
C&i
%CABLE,~%~
- Ob R18SSIRMISED HEREON, FOR
INSURANCE COVERAGE UNDER THE MAS ER POLICY-NUCLEAR ENERGY
LIABI TY INSURANCE (SECONDARY FIN CIAL PROTECTION). NO
INSURE NCE I FORD 8
JOHN UATTROCCVICE PR SIDENT-UNDERV/RITING
AIIIERJCAN NUCLEPP INSURERS
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Nuclear Energy LiabilityInsurance
MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS
ENDORSEMENT TO CERTIFICATE NO. M-88Forming part of Master Policy No. INuclear Energy Liability Insurance
(Secondary Financial Protection)It is agreed that Endorsement No. 9 attached to thisCertificate is deleted and the following replaces thatendorsement:Effective it is agreed that1. Item 4. of this certificate is amended to read as follows:
Item 4. (a) Identification of rima financial rotectionapplicable to the nuclear reactor and limit(s)of liability thereof:
(1) Facility Form Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF- (66$ 155,000,000(ii) Mutual Atomic Energy Liability Under-writers'olicy MF- II6$ 45,000,000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124 f 000 F 000(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 36,000,000
(b) The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master Policy through thiscertificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at theFacility.
(c) Sharing of limit(s) of liability provided underthe rimar financial rotection.(1) The limit of liability provided under eachFacility Form policy identified in
subsection (a)(1) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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(2 The limit of liability p ovided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds under allCertificates of Insurance issued to be apart of the Master Worker Policies.
2. Only with respect to such insurance as is afforded under thiscertificate, the first . paragraph of Condition 6, PRIMARYFINANCIAL PROTECTION of the Master Policy — Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:
Regardless of the number of policies or contracts of primaryfinancial rotection applicable o a nuclear incident, thelimit of
(a) all Facility Form'olicies identified in Item 4 (a)(i) of(1) this certificate or any other certificate having an
endorsement similar to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder said policies are equal to the lesser of(i) the sum of the limit of liability under all such
policies, or(ii) two hundred million dollars;(2) a certificate, other than this certificate or acertificate which has a provision identical to (a)(1)
above, shall be deemed to be exhausted when the sumspaid under said policies are equal to the lesser of(i) the sum of the limit, of liability under said
policies, or(ii) one hundred sixty million dollars;
(b) all Master Worker Policies (Facility Worker Form)identified in Item 4(a)(2) of a certificate shall bedeemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of(1) the sum of the limit of liability available under all
such Master Worker Policies, or
Effective Date ofthis Endorsement
Issued to
Date of Issue ber ]9 ]988THIS IS TO CERTIFY THAT THIS I EPWS. Subscribing CompaniesCERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FOR
INEU NCE CO GE UNÃ NE POUC -W+Pggg+Y EC E~E~ CE~LIABILTY INSURANCE (SECONDARY FIN CIAL PROTECTIUNj.
INSUR ACE ~IS FFORDE B
UAT%CCHVICE PR IDENT-UNDERWRITINGAME@OARmm~ PtSURERS 10 Countersigned by
ERWRITERS
By
y'Author'ized R resenta
(2) one hundred sixty million dollars plus the amount ofall automatic reinstatements of the Policy AggregateLimit under such policies.To form a part of
Se tember 1, 1988 of Certificate No. M-8812:01 A:M. Standard Time
a Public Service Com an , et al
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Nuclear Energy LiabilityInsurance
MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS
ENDORSEMENT TO CERTIFICATE NO. N-88Forming Part of Master Policy No. INuclear Energy Liability Insurance
(Secondary Financial Protection)It is agreed that Endorsement No; 9 attached to thisCertificate is deleted and the following replaces thatendorsement:Effective it is agreed that1. Item 4. of this certificate is amended to read as follows:
Item 4. (a) Identification of rimar financial rotectionapplicable to the nuclear reactor and limit(s)of liability thereof:
Facility Form Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF- 2668155,000,000(ii) Mutual Atomic Energy Liability Under-writers'olicy MF- I,]6
45,000,000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124FOOOF000(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 36F 000F 000
(b) The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master Policy through thiscertificate as though they were attached hereto:(1) Waiver of Defenses Endorsement
(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at theFacility.
(c) Sharing of limit(s) of liability provided underthe rimar financial rotection.
(1) The limit of liability provided under eachFacility Form policy identified insubsection (a)(1) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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(2 The limit of liability provided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds under allCertificates of Insurance .issued to be apart of the Master Worker Policies.
Only with respect to such insurance as is afforded under thiscertificate, the first paragraph of Condition 6, PRIMARYFINANCIAL PROTECTION of the Master Policy —'uclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:
(a) all Facility Form Policies identified in Item 4 (a)(i) of(1) this certificate or any other certificate having an
endorsement similar to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder said policies are equal to the lesser of
~ (i) the sum of the limit of liability under all suchpolicies 07
(ii) two hundred million dollars;(2) a certificate, other than this certificate or acertificate which has a provision identical to (a)(1)
above, shall be deemed to be exhausted when the sumspaid under said policies are equal to the lesser of(i) the sum of the limit of liability under said
policies, or(ii) one hundred sixty million dollars;
(b) all Master Worker Policies (Facility Worker Form)identified in Item 4(a)(2) of a certificate shall bedeemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of(1) the sum of the limit of liability available under all
such Master Worker Policies, or
(2) one hundred sixty million dollars plus the amount ofall automatic reinstatements of the Policy AggregateLimit under such policies.To form a part of
Se tember 1, 1988 of Certificate No- M-8812:Ol A.H. Standard Time
a Public Service Com an , et al
Effective Date ofthis Endorsement
Issued to
Date of Issue. pber 19 1988THIS IS TO CERTIFY T " TYePRM Subscribing CompaniesCERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FORINSURANCE COVERAGE UNDER THE MA FR POLICY- E
LIABI 'TY INSURANCE (SECONDARY Flh', CIAL PROTEINSUR NCE~O E B
e
JOHN UATTROCCHI ByVICE PRESIDENT-UNDERWRITINGAtQXOAS@hMEAHdNSURERS1O
ERMRITERS
Countersigned byAuthurifed Repteeeutet
vP'egardless
of the number of policies or contracts of primaryfinancial rotection applicab e to a nuclear incident, thelimit of
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«I t Nuclear Energy LiabilityInsuranceNUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION
ENDORSEMENT TO CERTIEICATE NO.~107Forming Part of Master Policy No. lNuclear Energy Liability Insurance
(Secondary FinancialProtection)'t
is agreed that Endorsement No. 9 attached to thisCertificate is deleted and the following replaces thatendorsement:Effective 1 1988 , it is agreed that1. Item 4. of this certificate is amended to read as follows:
Item 4. (a)applicable to the nuclear reactor and limit(s)of liability thereof:
Facility'orm Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF- 266$ 155,000,000(ii) Mutual Atomic Energy Liability Under-writers'olicy MF- 116
,$ 45,000,000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability InsuranceAssociation's Master Worker Policy
NMWP-1 $ 124/000g000(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 $ 36/ 000'00
(b)
(c)
The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master Policy through thiscertificate as though they were attached hereto:(1) Waiver of Defenses Endorsement
(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at theFacility.
Sharing of limit(s) of liability provided underthe rimar financial rotection.(1) The limit of liability provided under eachFacility Form policy identified in
subsection (a)(1) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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r ~ (2) The limit of liability provided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds under allCertificates of Insurance issued to be apart of the Master Worker Policies.
2. Only with respect to such insurance as is afforded under thiscertificate, the first 'paragraph of Condition 6, PRIMARYFINANCIAL PROTECTION of the Master Policy — Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:Regardless of the number of policies or contracts of ~r'm~>arfinancial rotection applicable to a nuclear i cident, thelimit of
(a) all Facility Form Policies identified in Item 4 (a)(i) of(1) this certificate or any other certificate having an
endorsement similar to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder said policies are equal to the lesser of(i) the sum of the limit of liability under all suchpolicies, or(ii) two hundred million dollars;
(2) a certificate, other than this certificate or acertificate which has a provision identical to (a)(1)above, shall be deemed to be exhausted when the sumspaid under said policies are equal to-the lesser of(i) the sum of the limit of liability under said
policies, or(ii) one hundred sixty million dollars;
(b) all Master Worker Policies (Facility Worker Form)identified in Item 4(a)(2) of a certificate shall bedeemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of(1) the sum of the limit of liability available under all
such Master Worker Policies, or
(2) one hundred sixty million dollars plus the amount ofall automatic reinstatements of the Policy AggregateLimit under such policies.
Effective Date ofthis Endorsement
To form a part ofof Certificate No. N-107
For the Su cribing Companies
ByGeneral Manager
Countersigned b 4
Se tember 1 198812:01 A.H. Standard Time
n Public Service Com an et alTHIS IS TO CERTIFY THAT THIS IS A TRUE, COPY OF THE ORIGINALCNbCIsICA'fE,QKAMG 'O'NiBIII8 E$988%TED HEREON, FOR
INSURANCE COVERAGE UNDE 1 i Y-NUCLEAR ENERGY.'IA
ILITY INSURANCE (SECONDARY F ANCIALPROTECTION). NO
INS RAN AFFO ED
JO .. QUATTROC HI
VICE PRESIDENT-UNDERWRITINGAMERICAN NUCLEAR INSURERS
Endorsement No. 10
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t Nuclear Energy LiabilityInsuranceNUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION
ENDORSEMENT TO CERTIFICATE NO.~~7Forming Part of Master Policy No. 1Nuclear Energy Liability Insurance
(Secondary Financial Protection)It is agreed that Endorsement No. 9 attached to thisCertificate is deleted and the following replaces thatendorsement:Effective1. Item 4. of this certificate is amended to read as follows:
Item 4. (a) Xdentification of rima financ~ial rotectionapplicable to the nuclear reactor and limit(s)of liability thereof:
(1) Facility Form Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF- 266$ 155,000,000(ii) Mutual Atomic Energy Liability Under-writers'olicy MF- 116
.$ 45,000,000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124/000g000(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 36'00'00
(b) The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master Policy through thiscertificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at theFacility.
(c) Sharing of limit(s) of liability provided underthe rimar financial rotection.(1) The limit of liability provided under eachFacility Form ., policy identified in
subsection (a)(1) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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~ ~(2) The limit of liability provided under each
Master Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds under allCertificates of Insurance issued to be apart of the Master Worker Policies.
Only with respect to such insurance as is afforded under thiscertificate, the first paragraph of Condition 6, PRIMARYFINANCIAL PROTECTION of the Master Policy — Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:Regardless of the nosher of policies or contracts of ~rimarfinancial rotection applicable to a nuclear incident, thelimit of(a) all Facility Form Policies identified in Item 4 (a)(i) of
(1) this certificate or any other certificate having anendorsement similar, to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder, said policies are equal to the lesser of(i) the sum of the limit of liability under all suchpolicies, or(ii) two hundred million dollars;
(2) a certificate, other than this certificate or acertificate which has a provision identical to (a)(1)above, shall be deemed to be exhausted when the sumspaid under said policies are equal to the lesser of(i) the sum of the limit of liability under saidpolicies, or(ii) one hundred sixty million dollars;
(b) all Master Worker Policies (Facility Worker Form)identified in Item 4(a)(2) of a certificate shall bedeemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of(1) the sum of the limit of liability available under all
such Master Worker Policies, or(2) one hundred sixty million dollars plus the amount ofall automatic reinstatements of the Policy AggregateLimit under such policies.
To form a part ofof Certificate No. N-107
Effective Date ofthis Endorsement
For the Su cribing Companies
ByGeneral Manager
10 Countersigned by
Se tember 1 198812:01 A.M. Standard Time
Issued to et a1THIS IS TO CERT
CERTIITggFIIJT U(BER Blg TEO HEREON, FOR
LIABIL Y INSURANCE (SECONDARY FINA IAL PROTECTION). NO
INSURA CE S FORDE BY COP
JOHN UATTROCCVICE PRESIDENT-UNDERWRITING
AMERICAN NUCLEAR INSURERS
Endorsement No.
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Nuclear Energy LiabilityInsurance
MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS
ENDORSEMENT TO CERTIFICATE NO. M-107Forming Part of Master Policy No. lNuclear Energy Liability Insurance
(Secondary Financial Protection)It is agreed that Endorsement No. 9 attached to thisCertificate is deleted and the following replaces thatendorsement:Effective Se tember 1, 1988, it is agreed that1. Item 4. of this certificate is amended to read as follows:
Item 4. (a) Identification of rimar financial rotectionapplicable to the nuclear reactor and limit(s)of liability thereof:
Facility Form Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF- 266$ 155,000,000(ii) Mutual Atomic Energy Liability Under-writers'olicy MF- 1168 45,000,000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124g000~000(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 36,000,000
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(b) The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this'aster Policy through thiscertificate as though they were attached hereto:(1) Waiver of Defenses Endorsement
(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at theFacility.
(c) Sharing of limit(s) of liability provided underthe rimar financial rotection.(1) The limit of liability provided under eachFacility Form policy identified in
subsection (a)(1) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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~,.... O.(2) The limit of liability provided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared 'mong all insureds under allCertificates of Insurance issued to be apart, of the Master Worker Policies.
Regardless of the number of policies or contracts of gximax~financial rotection applicable to a nuclear incident, thelimit of
(a) all Facility Form Policies identified in Item 4 (a)(i) of(1) this certificate or any other certificate having an
endorsement similar to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder said policies are equal to the lesser of(i) the sum of the limit of liability under all suchpolicies, or(ii) two hundred million dollars;
(2) a certificate, other than this certificate or acertificate which has a provision identical to (a)(1)above, shall be deemed to be exhausted when the sumspaid under said policies are equal to the lesser of(i) the sum of the limit of liability under saidpolicies, or(ii) one hundred sixty million dollars;
(b) all Master Worker Policies (Facility Worker Form)identified in Item 4(a)(2) of a certificate shall bedeemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of(1) the sum of the limit of liability available under all
such Master Worker Policies, or
(2) one hundred sixty million dollars plus the amount ofall automatic reinstatements of the Policy AggregateLimit under such policies.To form a part of
Se tember 1, 1988 of Certificate No. M-10712:01 A.M. Standard Time
Arizona Public Service Com an , et al
Effective Date ofthis Endorsement
Issued to
2. Only with respect to such insurance as is afforded under thisFINANCIAL PROTECTION of the Master Policy — Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:
ERWRITERS
By
. s/W r7Countersigned byAuthorize'd Repr'esentative
THIEF% @RIP HF„ORII/ALS b b CCERTIFICATE, BEARING TI.IE NUMBER DESIGNATED HERRY, FtVPINSURANCE COVERAGE UNDER THE MA TER POLICY-NUCLEAR ENERGYLIABI.ITYINSURANCE (SECONDARY Fl NCIAL PROTECKKP%) ATOMIC ENERGY LIABILITYINSU NCE~I. FFORD
JOH .. UARROCCVICE P SIDENT-UNDERWRITINGAMEPig+t gggIIR QPURERS 10
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Nuclear Energy Liability Insurance
MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS
ENDORSEMENT TO CERTIFICATE NO- H-107Forming Part of Master Policy No. lNuclear Energy Liability Insurance
(Secondary Financial Protection)It is agreed that Endorsement No. 9 attached to thisCertificate is deleted and the following replaces thatendorsement:Effective Se tember 1, 1988, it is agreed that1. Item 4. of this certificate is amended to read as follows:
Item 4. (a) Identification of rimar financial rotectionapplicable to the nuclear reactor and limit(s)of liability thereof:
Facility Form Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF- 266$ 155,000,000(ii) Mutual Atomic Energy Liability Under-writers'olicy MF- 116$ 45,000,000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124 I 000 I 000(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 $ 36 I 000 I 000
(b) The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master Policy through thiscertificate as though they were attached hereto:(1) Waiver of Defenses Endorsement
(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at. theFacility.
(c) Sharing of limit(s) of liability provided underthe rimar financial rotection.(1) The limit of liability provided under eachFacil ity Form policy identified in
subsection (a)(1) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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(a~ The limit of liahility provided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds under allCertificates of Insurance issued to be apart of the Master Worker Policies.
'
2. Only with respect to such insurance as is afforded under thisce tificate, the first paragraph of Condition 6, PRIMARYFINANCIAL PROTECTION of the Master Policy — Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:
Regardless of the number of policies or contracts of primaryfinancial rotection applicable to a'uclear incident, thelimit of
(a) all Facility Form Policies identified in Item 4 (a)(i) of
(1) this certificate or any other certificate having anendorsement similar to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder said policies are ecpxal to the lesser of(i) the sum of the limit of liability under all such
policies, or(ii) two hundred million dollars;
(2) a certificate, other than this cextificate or acertificate which has a provision identical to (a)(1)above, shall be deemed to be exhausted when the sumspaid under said policies are equal to the lesser of(i) the sum of the limit of liability under said
policies, or(ii) one hundred sixty million dollars;
(b) all Master Worker Policies (Facility Worker Form)identified in Item 4(a)(2) of a certificate shall bedeemed to be exhausted when the sums paid under saidpolicies are equal to the lesser- of
(1) the sum of the limit of liability available under allsuch Master Worker Policies, or
Effective Date ofthis Endorsement
Issued to
(2) one hundred sixty million dollars plus the amount ofall automatic reinstatements of the Policy AggregateLimit under such policies.
To form a part ofSe tember 1, 1988 o f Ger tificate No. N-10?
12:01 A.I1. Standard T)meArizona Pub1ic Service Com an, et al
ERNtITERS
By
Authoriz 6 Repr sentati
THIS IS TO CERTER DESIGNATED HEREBpppgie Subscribing Companies
MAS ER POLiCY-NUCLEAR ENERGYINSURANCE COVERAGE UNDER THE ~Q ATONIC ENERGY LIABILITYLIABILTY INSURANCE (SECONDARY FIN CIAL PROTECTI
INSUR/-HCE Qg4gOR . B~ ~ ~
JOHN . UATTROCCHI
VICE PRESIDENT-UNDERV/RITING
AMECSCQOWCLSN INSURERS ] 0 ountersigned by
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Nuclear Energy LlabllltyInsurance
NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION
ENDORSEMENT TO CERTIFICATE NO.~llt1Forming Part of Master Policy No. 1Nuclear Energy Liability Insurance
(Secondary Financial Protection)is agreed that Endorsement No. 5 attached to this
Certificate is deleted and the following replaces thatendorsement:Effective Se member 1 1988, it is agreed that1. Item 4. of this certificate is amended to read as follows:
Item 4. (a) Identification of prima financial rotectionapplicable to the nuclear reactor and limit(s)of liability thereof:
(1) Facility Form Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF- 266$ 155,000,000
(ii) Mutual Atomic Energy Liability Under-writers'olicy MF- 116$ 45,000,000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124,000,000
(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 $ 36 I 000 g 000
(b)
(c)
The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master Policy through thiscertificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses - Reactor Construction at theFacility.
Sharing of limit(s) of liability provided underthe rimar financial rotection.
(1) The limit of liability provided under eachFacility Form policy identified insubsection (a)(1) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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(2) The limit of liability provided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds under allCertificates of Insurance issued to be apart of the Master Worker Policies.
2. Only with respect to such insurance as is afforded under thiscertificate, the first 'paragraph of Condition 6, PRIMARYFINANCIAL PROTECTION of the Master Policy - Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:Regardless of the number of policies or contracts of ~riserfi. ancial rotectio applicable to a nuclear incident, thelimit of
(a) all Facility Form Policies identified in Item 4 (a)(i) of(1) this certificate or any other certificate having an
endorsement similar to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder said policies are equal to the lesser of(i) the sum of the limit of liability under all suchpolicies, or(ii) two hundred million dollars;(2) a certificate, other than this certificate or acertificate which has, a provision identical to (a)(3,)above, shall be deemed to be exhausted when the sums
paid under said policies are equal to the lesser of.(i) the sum of the limit of liability under saidpolicies, or(ii) one hundred sixty million dollars;(b) all Master Worker Policies (Facility Worker Form)identified in Item 4(a)(2) of a certificate shall be
deemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of(1) the sum of the limit of liability available under all
such Master Worker Policies, or(2) one hundred sixty million dollars plus the amount ofall automatic reinstatements of the Policy AggregateLimit under such policies.
Effective Date ofthis Endorsement
To form a part ofof Certificate No. N-114
For the Su cribing Companies
ByGeneral ager
YCountersigned b
Se tember 1, 198812:Ol A.N. Standard Time
Issued to Arizona Public Service Co n t alTHIS IS TO CERTIFY THAT THIS
GEE!EClbTC, SEAQ5G TgeQSQER ESI ' ED HEREON, FOR
INSURANCE COVERA i -NUCLEAR ENERGY
LIABI TY INSURANCE ( ECONDARY FI 'CIALPROTECTION). NO
INSUR NCE~cO E B~ ~
JOHN . UATTROCCHI
VICE PRESIDENT-UNDERWRITING
AMERICAN NUCLEAR INSURERSEndorsement No. 6
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NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION
ENDORSEMENT TO CERTXEZCATE NO.~114Forming Part of Master Policy No. lNuclear Energy Liability Insurance
(Secondary Financial Protection)It is agreed that Endorsement No. 5 attached to thisCertificate is deleted and the following replaces thatendorsement:Effective Se tember 1 1988, it is agreed that1. Item 4. of this certificate is amended to read as follows:
Item 4. (a) Identification of rima financial rotectionapplicable to the nuclear reactor and limit(s)of liability thereof:
Facility Form Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF- 266$ 155,000,000(ii) Mutual Atomic Energy Liability Under-'riters'olicy MF- 116$ 45,000,000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124 I 000'00(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 36,000,000
(b) The following endorsements attached to theFacility „Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master'olicy through thiscertificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at theFacility.
(c) Sharing of limit(s) of liability provided underthe rimar financial rotection.(1) The limit of liability provided under eachFacility Form policy identified in
subsection (a)(1) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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(2) The limit of liability provided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds under allCertificates of Insurance issued to be apart of the Master Worker Policies.
2. Only with respect to such insurance as 's afforded under thisFINANCIAL PROTECTION of the Master Policy — Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:Regardless of the number of policies or contracts of primaryfinancia rotectio applicable to a nuclear incident, thelimit of
(a) all Facility Form Policies identified in Item 4 (a)(i) of
(1) this certificate or any other certificate having anendorsement similar to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder said policies are equal to the lesser of(i) the sum of the limit of liability under all such
policies, or(ii) two hundred million dollars;
(2) a certificate, other than this certificate or acertificate which has a provision identical to (a)(3,)above, shall be deemed to be exhausted when the sumspaid under said policies are equal to the lesser of.(i) the sum of the limit of liability under said
policies, or(ii) one hundred sixty million dollars;
(b) all Master Worker Policies (Facility 'orker Form)identified in Item 4(a)(2) of a certificate shall bedeemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of
(1) the sum of the limit of liability available under allsuch Master Worker Policies, or
(2) one hundred sixty million dollars plus the amount ofall aut:omatic reinstatements of the Policy AggregateLimit. under such 'policies.
~o form a part o fof Certificate No. N-114
For the Su cribing Companies
ByGenera~l ager./~
Countersigned
Effective Date ofthis Endorsement Se tember 1, 1988
12:01 A.M. Standard TimeIssued to Arizona Public Service Com an , et al
v~~ THAT T 6 A UF ~ OF THE ORIGINAL
INSURANCE COVERAGE UNDER THE MA. TER POLICY-NUCLEAR ENERGY
LIABI ITY INSURANCE (SECONDARY Fl '( NCIAL PROTECTION). NO
INSU. NCE IS AFFORD
JOHh, I . UA i OCC
VICE P SIDENT-UNDERWRITING
Nfg<fj)+g,gQAgJNSURERQ
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Nuclear Energy LiabilityInsurance
MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS'
ENDORSEMENT TO CERTIFICATE NO- M-114Forming Part of Master Policy No. lNuclear Energy Liability Insurance
(Secondary Financial Protection)It is agreed that Endorsement No. 5 attached to thisCert'ficate is deleted and the following replaces that:endorsement:Effective 1 1988, it is agreed that1. Item 4. of this certificate is amended to read as follows:
Item 4. (a) Identification of rima 'inancial rot:ectionapplicable to the nuclear react:or and limit(s)of liability thereof:
Facility Form Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF- 266$ 155,000,000(ii) Mutual Atomic Energy Liability Under-writers'olicy MF- 116$ 45,000,000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124 I 000 I 000(ii) Mutual Atomic Energy LiabilityUnderwriters'aster Worker PolicyMMWP-1 36,000,000
(b) The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master Policy through thiscertificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at theFacility.
(c) Sharing of limit(s) of liability provided underthe rimar financial rotection.(1) The limit of li,'ability provided under eachFacility Form policy identified in
subsection (a)(l) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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gaf'2The limit of liability provided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds under allCertificates of Insurance issued to be apart of the Master Worker Policies.
2. Only with respect to such insurance as is afforded under thiscertificate, the first paragraph of Condition 6, PRIMARYFINANCIAL PROTECTION of the Master Policy - Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:Regardless of the number nf policies or contracts of g>~r.'marfinancial rotection applicable to a nuclear incident, thelimit of
(a) all Facility Form Policies identified in Item 4 (a)(i) of(1) this cextificate or any other certificate having an
endorsement similar to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder said policies are equal to the lesser of(i) the sum of the limit of liability under all such
policies, or(ii) two hundred million dollars;(2) a certificate, other than this " certificate or acextificate which has a provision identical to (a)(1)above, shall be deemed to be exhausted when the sums
paid under said policies are equal to the lesser of(i) the sum of the limit of liability under saidpolicies, or(ii) one hundred sixty million dollars;(b) all Master Worker Policies (Facility Worker Form)identified in Item 4(a)(2) of a certificate shall be
deemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of(1) the sum of the limit of liability available under all
such Master Worker Policies, or
Effective Date ofthis Endorsement
Issued to
(2) one hundred sixty million dollars plus the amount ofall automatic reinstatements of the Policy AggregateLimit under such policies.To form a part of
Se tember 1, 1988 of Certificate No. M-11412:01 A.M. Standard Time
P 'ervice Cpm an et a1
Date of Issue 1988THIS IS TO CERTIFY T i I H@89QHSLSubscribing CompaniesCERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FORINSURANCE COVERAGE UNDER THE MAS ER POLICY-NUQ@gPgNglPjgyg ENERgy LZABZLZ~LIABILTY INSURANCE {SECONDARY FIN CIAL PROTEClYQA). RINSUR CE,@ggfOR B
4 ~ ~ iJOHN . )UATTROCCHI ByVICE PRESIDENT-UNDERV/RITING
Countersigned by
ERWRlTERS
uthoriz d Rep esentat'
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Nuclear Energy LiabilityInsurance
MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS
ENDORSEMENT TO CERTIFICATE NO. N-ll4Forming Part of Master policy No. INuclear Energy Liability Insurance
(Secondary Financial Protection)It is agreed that Endorsement. No. 5 attached to thisCe tificate is deleted and the following replaces thatendorsement:Effective 1 1988, it is agreed that1. Item 4. of this certificate is amended to read as follows:
Item 4. (a) Identification of rima financial rotectionapplicable to the nuclear reactor and limit(s)of liability thereof:
Facility Form Policies(i) Nuclear Energy Liability Insurance
Association's Policy NF- 266$ 155,000,000(ii) Mutual Atomic Energy Liability Under-writers'olicy MF- 116$ 45/000/000
(2) Master Worker Policies (Facility WorkerForm)(i) Nuclear Energy Liability Insurance
Association's Master Worker PolicyNMWP-1 $ 124 F 000 F 000(ii) Mutual Atomic Energy LiabilityUnderwriters 'aster Worker PolicyMMWP-1 $ 3 6 F 000 F 000
(b)
(c)
The following endorsements attached to theFacility Form policies identified in subsection(a)(1) above also apply to the insuranceafforded by this Master Policy through thiscertificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement(Extraordinary Nuclear Occurrence) and
(2) Supplementary Endorsement — Waiver ofDefenses — Reactor Construction at. theFacility.
Sharing of limit(s) of liability provided underthe rimar financial rotection.(1) The limit of liability provided under eachFacility Form policy identified in
subsection (a)(1) above is shared among allnuclear reactors on the location describedin Item 3 of the Declarations of suchpolicy.
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(2 The limit of liability provided under eachMaster Worker Policy (Facility Worker Form)identified in subsection (a)(2) above isshared among all insureds unde allCertificates of Insurance issued to be apart of the Master Worker Policies.
2. Only with respect to such insurance as is afforded under thiscertificate, the first paragraph of Condition 6, PRIMARYFINANCIAL PROTECTION of the Master Policy - Nuclear EnergyLiability Insurance (Secondary Financial Protection), isamended to read as follows:
Regardless of the number of policies or contracts of primaxXrfinancial rotection applicable to a nuclear incident, thelimit of
(a) all Facility Form Policies identified in Item 4 (a)(i) of
(1) this certificate or any other certificate having anendorsement similar to this endorsement attached toit shall be deemed to be exhausted when the sums paidunder said policies are equal to the lesser of(i) the sum of the limit of liability under all such
policies, or(ii) two hundred million dollars;
(2) a certificate, other than this certificate or acertificate which has a provision identical to (a)(1)above, shall be deemed to be exhausted when the sumspaid under said policies are equal to the lesser of(i) the sum of the limit of liability under said
policies, or(ii) one hundred sixty million dollars;
(b) all Master Worker Policies (Facility Worker Form)identified in Item 4(a)(2) of a certificate shall bedeemed to be exhausted when the sums paid under saidpolicies are equal to the lesser of(1) the sum of the limit of liability available under all
such Master Worker Policies, or I
Effective Date ofthis Endorsement
Issued to
(2) one hundred sixty million dollars plus the amount. ofall automatic reinstatements of the Policy AggregateLimit under such policies.
To form a part ofSe tember 1, 1988 of Certificate No. M-114
12:01 A.M. Standard TimeP 'ervice Com an et al
By
Authori d Rep esentat
Date, of Issue 1 1988
THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THIFHQM'"Subscribing Companies
CERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FOR.
INSURANCE COVERAGE UNDER THE MASTFR POLICY-N %PNXC ENERGY LIMILIALIABI ITY INSURANCE (SECONDARY FIN NCIAL PROTEC, 0
INSU] ANCE IS AFFORD 0 BY THIS CO
JOH OA%0C
l'k.'IRe)A~VIC " - T- N RWRITINGCountersigned by
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