Draft outline for asbestos project monitoring contract, May 2002

NYC 9/11 Public Portal Document

ace Westchester specialty group

valid and collectible “underlying insurance” as shown in the Schedule of Underlying Policies. In addition, this coverage shall also apply in excess of any valid and collectible liability insurance provided for the “named insured” under any wrap up or similar plan.

The coverage provided by this endorsement shall only apply to the liability arising out of the operations of our “named insured” and only for the project listed below.

This policy is limited to the coverage provided by the “underlying insurance”. If coverage is not provided by the “underlying insurance”, coverage is excluded by this policy.

Covered Wrap Ups

The Construction of 7 World Trade Center

Because the accident occurred during the clean up of the former World Trade Center site, rather than the construction of 7 World Trade Center, this policy is inapplicable. Moreover, this policy did not incept until May 20,2002. Inasmuch as the claimed damage occurred before this policy incepted, this policy is not implicated. Thus, Westchester Fire denies any obligation to provide coverage to any entity for the Ford and Arcese suit under this policy.

2. WSLIC Policy CUN689250, effective December 10,2001 to December 10,2002 and 3. Illinois Union Policy CUN716348, effective December 10,2002 to December 10,2003

These policies contain the following a list of Named Insureds:

Silverstein Development Corp., Stamford Ridgeway Associates, Limited Partnership, Bernard H. Mendik, 529 Fifth Co., 570 Seventh Ave. Co., 530 Fifth Ave. RPF III Assoc., 120 Wall Co., LLC, 120 Broadway Properties, LLC, MSDW 140 Broadway Property, LLC, A.N.Y. General Partnership, George S. Kaufinan, Kaufinan Realty Corp., River Place I, LLC, River Place II, LLC, Silverstein Maintenance Corp., Silverstein & Mendik Co., Larry Silverstein, Larry A. Silverstein, Klara Silverstein, Bernard H. Mendik, 530 Fifth Ave. Holdings, LLC.

Clearly, the Port Authority is not named on this list Thus, the Port Authority is not a Named Insured on this WSLIC policy.

Both the WSLIC and Illinois Union policies also noted additional insureds as follows:

2. The term “Insured” as used herein means the “Named Insured” and: Page 3/9

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