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GL 33 02 99 09 23 <br /> THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br /> SUBROGATION <br /> This endorsement modifies insurance provided under the following: <br /> SPECIAL LIABILITY POLICY FOR PUBLIC ENTITIES AND NON-PROFIT CORPORATIONS <br /> The following is added to Section VIII. COMMON POLICY CONDITIONS: <br /> (0) Subrogation. <br /> To the extent of any payment hereunder, the "Company" shall be subrogated to all of the "Insured's" rights of recovery, <br /> therefore; and the"Insured" shall do nothing after loss to prejudice such rights and shall do everything necessary to secure <br /> such rights. Any amount so recovered shall be apportioned as follows: Any interest, including the "Insured's", having paid <br /> an amount in excess of any "Participating Named Insured's" Self- Insured Retention plus the Limit of Liability hereunder <br /> shall be reimbursed first to the extent of actual payment. The"Company"shall be reimbursed next to the extent of its actual <br /> payment hereunder. If any balance then remains unpaid, it shall be applied to reimburse the"Participating Named Insured". <br /> The expenses of all such recovery proceedings shall be apportioned in the ratio of the respective recoveries. If there is no <br /> recovery in proceedings conducted solely by the"Insured", it shall bear the expenses thereof. However, the"Company"will <br /> waive its right of subrogation against any person or organization for whom the "insured" is performing operations, but only <br /> if: <br /> 1) That person or organization requires in the written agreement with the "Participating Named Insured" that the <br /> "Participating Named Insured"waive its right of recovery against that person or organization; and <br /> 2) The written agreement is made prior to the date of the"Occurrence". <br /> Includes copyrighted material of ISO Properties, Inc., with its permission. <br /> GL 33 02 99 09 23 Page 1 of 1 <br />