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BEAN SPROUTS, LLC (2)
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BEAN SPROUTS, LLC (2)
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Last modified
2/11/2021 3:47:12 PM
Creation date
2/4/2021 5:20:57 PM
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Contracts
Company Name
BEAN SPROUTS, LLC
Contract #
A-2018-113-01
Agency
Parks, Recreation, & Community Services
Council Approval Date
5/1/2018
Expiration Date
9/17/2023
Insurance Exp Date
7/3/2021
Destruction Year
2028
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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />NORTH CAROLINA AMENDED COVERAGE ENDORSEMENT <br />Policy Number: 59 WEC AC9055 Endorsement Number: <br />Effective Date: 07/03/20 Effective hour is the same as stated on the Information Page of the policy. <br />Named Insured and Address: BAY SPROUTS LLC <br />655 S MAIN ST STE 200-317 <br />ORANGE CA 92868 <br />This endorsement applies only to the insurance provided <br />by the policy because North Carolina is shown in Item <br />3.A. of the Information Page. <br />The Cancellation Condition of the policy is replaced by <br />this Condition: <br />D. Cancellation and Nonrenewal <br />1. You may cancel this policy. <br />If you cancel this policy, you must mail or deliver <br />advance written notice to us stating when the <br />cancellation is to take effect. <br />2. We may cancel this policy. <br />(a) If this policy has been in effect for fewer <br />than 60 days and is not a renewal policy, we <br />may cancel this policy for any reason by <br />giving you at least 30 days prior written <br />notice of cancellation and the reasons for <br />cancellation by registered or certified mail, <br />return receipt requested. <br />(b) If this policy has been in effect for at least <br />60 days or is a renewal policy, we may not <br />cancel this policy without your prior written <br />consent, except for any one of the following <br />reasons: <br />(1) Nonpayment of premium in <br />accordance with the policy terms. <br />(2) An act or omission by you or your <br />representative that constitutes <br />material misrepresentation or <br />nondisclosure of a material fact in <br />Form WC 32 03 01 D Printed in U.S.A. <br />Process Date: 05/25/20 <br />obtaining the policy, continuing the policy, or <br />presenting a claim under the policy. <br />(3) Increased hazard or material change in the <br />risk assumed that could not have been <br />reasonably contemplated by you and us at <br />the time of assumption of the risk. <br />(4) Substantial breach of contractual duties, <br />conditions, or warranties that materially <br />affects the insurability of the risk. <br />(5) A fraudulent act against us by you or your <br />representative that materially affects the <br />insurability of the risk. <br />(6) Willful failure by you or your representative <br />to institute reasonable loss control <br />measures that materially affect the <br />insurability of the risk after written notice by <br />us. <br />(7) Loss of faculative reinsurance or loss of or <br />substantial changes in applicable <br />reinsurance as provided in G.S. 58-41-30. <br />(8) Your conviction of a crime arising out of acts <br />that materially affect the insurability of the <br />risk <br />(9) A determination by the Commissioner that <br />the continuation of this policy would place <br />us in violation of the laws of North Carolina. <br />(10)You fail to meet the requirements contained <br />in our corporate charter, articles of <br />incorporation, or bylaws, when we are a <br />company organized for the sole purpose of <br />providing members of an organization with <br />insurance coverage in North Carolina. <br />ew cF RAMwagementDMsian <br />Jy/\'x REVIEWED & APPROVED BY.- <br />V"° <br />Policy E _� R.Wjanagementftalpt <br />
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