Loading...
HomeMy WebLinkAboutBOND LOGISTIX, LLC 4-2009iNSURf;IVGL ON FILE '7';ORK MAY PROCEED UNTI! INSURANCE EXPIRES 10-01-D~l CLERK OF COUNCIL DATE:3_~_Oy AGREEMENT FOR EXAMINATION SERVICES N-2009-015 (1, ~~ ~~nanCL ~~ck lam THIS AGREEMENT is entered into as of March 2, 2009, by and between the CITY OF SANTA ANA (the "Issuer") and BOND LOGISTIX LLC ("BLX"), as follows: Recitals A. The Issuer has been notified by the Internal Revenue Service (the "IRS") that its Certificates of Participation (Santa Ana Recycling Project), 1996 Series A (the "Bonds"), which were issued by the Issuer in the principal amount of $11,990,000, are the subject of an examination by the IRS (the "IRS Examination"). B. The Issuer desires to engage the services of ORRICK, HERRINGTON & SUTCLIFFE LLP ("Orrick") through BLX for special tax counsel services to represent it in connection with the IRS Examination of the Bonds. C. The Issuer has determined that BLX and Orrick possess the necessary professional capabilities and resources to provide the services required by the Issuer in connection with the IRS Examination and as described in this Agreement. Agreement 1. Scone of Services To Be Provided by BLX. Subject to any exclusions as set forth below, BLX shall, with the assistance of Orrick as appropriate, perform the following services: (a) BLX shall appoint Omek to act as the primary contact with the IRS Agent in connection with the IRS Examination of the Bonds. (b) BLX, with the assistance of Orrick, as appropriate, shall be responsible for handling all aspects of the IRS Examination. 2. Scone of Services Not To Be Provided By BLX or Orrick. (a) Neither BLX nor Orrick is not currently being engaged to provide disclosure services to the Issuer with respect to disclosure to the "market" as to the status of the IRS Examination or tentative or final determinations by the IRS with respect to its examination. (b) The services of BLX and Orrick are limited to those specifically set forth above. Those services do not include representation of the Issuer in any litigation or other legal, administrative or legislative proceeding or matter, including without limiting the foregoing, any other examination, audit or review by any state or federal agency of any other Issuer financing. The services also do not include any financial advice or analysis. 3. Compensation. In connection with the foregoing, the services will be billed at the regular hourly rates of BLX and Orrick as established from time to time. The following per hourly rates currently are currently in effect: $790.00 for Larry D. Sobel; $600.00 for Winnie Tsien; and $600.00 for Nancy Kummer. Such fees are subject to an adjustment annually. Fees incurred will be billed in monthly statements which are payable upon receipt. 4. Termination of Agreement. This Agreement may be terminated at any time by written notice from either party, with or without cause. In that event, all files of the Issuer maintained by BLX, shall, at the option of the Issuer, become its property and shall be delivered to it or to any other party that it may designate; provided that BLX shall have no liability whatsoever for any subsequent use of such documents. Upon termination, neither BLX nor Omck shall have any future duty of any kind to or with respect to the IRS Examination described above. 5. Relationships With Other Parties. The Issuer acknowledges that Orrick regularly performs legal services for many private and public entities in connection with a wide variety of matters. For example, Orrick has represented, is representing or may in the future represent other public entities, underwriters, trustees, rating agencies, insurers, credit enhancement providers, lenders, contractors, suppliers, financial and other consultant/advisors, accountants, investment providers brokers, providers brokers of derivative products and others who may have a role or interest in a financing involving the Issuer or that may be involved with or adverse to the Issuer in this or some other matter. Given the special, limited role of Orrick as special tax counsel as described above, the Issuer specifically consents to any and all such relationships. 6. Limitation of Riehts to Parties Successor and Assiens Nothing in this Agreement, expressed or implied, is intended or shall be construed to give any person other than the Issuer and BLX any legal or equitable right or claim under or in respect of this Agreement, and this Agreement shall inure to the sole and exclusive benefit of the Issuer and BLX. Except as provided herein with respect to the engagement of On•ick, BLX may not assign its obligations under this Agreement without written consent of the Issuer except to a successor partnership or corporation to which all or substantially all of the assets and operations of BLX are transferred. The Issuer shall assign its rights and obligations under this Agreement to (but only to) any other public entity that issues bonds or delivers certificates of participation (if not the Issuer), in which case the Issuer hereby acknowledges that any relationship or obligation of BLX to the Issuer under or by virtue of this Agreement shall be deemed to be totally annulled ab initio. The Issuer shall not otherwise assign its rights and obligations under this Agreement without written consent of BLX. All references to BLX and the Issuer in this Agreement shall be deemed to refer to any such successor of BLX and to any such assignee of the Issuer and shall bind and inure to the benefit of such successor and assignee whether so expressed or not. 2 7. Counterparts. This Agreement may be executed in any number of counterparts and each counterpart shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same Agreement. 8. Notices. Any and all notice pertaining to this Agreement shall be sent by U.S. Postal Service, first class, postage prepaid Co Bond LogistiX LLC at 777 South Figueroa Street, Suite 3200, Los Angeles, CA 90017, Attention: Nancy Kummer, and to the Issuer at 20 Civic Center Plaza M25 - 6th Floor, P.O. Box 1988, Santa Ana, CA 92701, Attention: Bich Ta. The Issuer and BLX have executed this Agreement by their duly authorized representative as of the date provided above. ATTEST: atricia :iealy " ~VClerk of. the Council CITY OF SANTA ANA BOND LOGISTIX LLC w /'~ ~ B ~ t Y~l'itM Y M Af yys~ `i S , ~ lttle: David N Ram,_~~y Hager IJ~ ~ _~ FOR APPROVAL: Francisco Gutierrez Executive Director - FMSA APPRO v c,) AS TO FORM ,,~y ;? , --6---~_....._..__ Laura Stitt eedy Assistant City Attorney By: Nancy Kummer Title: Managing Director Fo'm 2848 Power of Attorney and Declaration of Representative (Rev, June 2008) Department of the Treasul)' IntemalRevenueSsNice ... Type or print. ... See the separate instructions. OMS No. 1545-0150 For IRS Use Only Received by: Name Telephone Function Power of Attorney Caution: Form 2848 will not be honored for any purpose other than representation before the IRS. Taxpayer information. Taxpayer(s) must sign and date this form on page 2, line 9. Taxpayer name(s} and address Social security number(s) City of Santa Ana 20 Civic Center Plaza M25 - 6th floor Santa Ana, CA 92701 Date / Employer identification number I Daytime telephone number ( 714) 647-5434 95: 6000785 Plan number (if applicable) hereby appoint(s) the following representative(s) as attorney(s)-in-fact: 2 Representative{s} must sign and date this form on page 2, Part J/. Name and address CAF No. "'h__"h_?_~QP.-_~?:'!mL____.._____ Telephone No_ ________2J?:_~1;!:_~~~L________ Fax No. ____________?1_3:?_1_2:?_4~_~_____________ Check if new: Address 0 Telephone No. D Fax No. 0 CAF No_ -----------------__________________u____ Telephone No_ ________?_1_?:6_12:2.2!_~__________ Check if ne:~d~~~sdT---T:~~~:1~::~~~D------F~~-NO_ 0 Larry D_ Sobel, Esq. Orrick, Herrington & Sutcliffe LLP 777 S. FJgueroa St. Suite 3200, Los Angeles, CA 90017 Name and address Nancy Kummer, Managing Director Bond LogistlX LLC 777 S. Figueroa St., Suite 3200 Los Angeies, CA 90017 Name and address CAF No. --..........__.n.h.__.....__.....__..h Telephone No. ....___...___.....___. h____ _n ___ Check if ne::~~~~s~-[J...--.;:~J-;;Ph~.~~-N.~.-O--....F~.NO. 0 to represent the taxpayer(s) before the Internal Revenue Service for the following tax matters: 3 Tax matters Type of Tax (Income, Employment, Excise, etc.) Tax Form Number Year(s) or Period(s) or Civil Penalty (see the instructions for line 3) (1040.941,720, etc_J (see the instructions for line 3) Arbitrage Rebate B038T 1996 through 2008 4 Specific use not recorded on Centralized Authorization File (CAF). If the power of attorney is for a specific use not recorded on CAF, check this box. See the instructions for Line 4. Specific Uses Not Recorded on CAF . . . . . . . . . . . . . .... 0 5 Acts authorized. The representatives are authorized to receive and inspect confidential tax information and to perform any and all acts that I (we) can perform with respect to the tax matters described on line 3. for example, the authority to sign any agreements, consents, or other documents. The authority does not include the power to receive refund checks (see line 6 below), the power to substitute another representative or add additional representatives, the power to sign certain returns, or the power to execute a request for disclosure of tax returns or return information to a third party. See the line 5 instructions for more information. Exceptions. An unenrolfed return preparer cannot sign any document for a taxpayer and may only represent taxpayers in limited situations. See Unenrolfed Return Preparer on page 1 of the instructions. An enrolled actuary may only represent taxpayers to the extent provided in section 1 0.3(d) of Treasury Department Circular No. 230 (Circular 230). An enrolled retirement plan administrator may only represent taxpayers to the extent provided in section 10.3(e) of Circular 230. See the line 5 instructions for restrictions on tax matters partners. In most cases, the student practitioner's (levels k and Q authority is limited (for example, they may only practice under the supervision of another practitioner). List any specific additions or deletions to the acts otherwise authorized in this power of attorney: ........__. ..__ ... ..... ._...._ ... ... ._.... ............................--........................-..................................................................._h..._............... .....................................................................................................................h......................... .............................-.............................-.................................................h................._............... 6 Receipt of refund checks. If you want to authorize a representative named on line 2 to receive, BUT NOT TO ENDORSE OR CASH, refund cheeks, initial here and list the name of that representative below. Name of representative to receive refund check(s) .. For Privacy Act and Paperwork Reduction Act Notice, see page 4 of the instructions. Cat. No. 11980J Fonn 2848 (Rev. 6.2008) Form 2848 (Rev. 6-2008) 7 Notices and communications. Original notices and other written communications will be sent to you and a copy to the first representative listed on line 2. a If you also want the second representative listed to receive a copy of notices and communications, check this box . ... 1ZI b [f you do not want any notices or communications sent to your representative(s), check this box ... 0 8 Retentionlrevocatlon of prior power(s) of attorney. The fj[jng of this power of attorney automatically revokes all earlier power(s) of attorney on file with the Internal Revenue Service for the same tax matters and years or periods covered by this document. If you do not want to revoke a prior power of attorney, check here. ... 0 YOU MUST ATTACH A COPY OF ANY POWER OF ATTORNEY YOU WANT TO REMAIN IN EFFECT. Page 2 9 Signature of taxpayer(s). If a tax matter concerns a jOint return, both husband and wife must sign if joint representation is requested, otherwise, see the instructions. [f signed by a corporate officer. partner, guardian, tax matters partner, executor, receiver, administrator. or trustee on behalf of the taxpayer, I certify that I have the authority to execute this form on behalf of the taxpayer. ~ IF NOT SIGNE AND DATED, THIS POWER OF ATTORNEY WILL BE RETURNED. Executive Director Date Title (if applicable) Francisco Gutierrez Print Name 00000 PIN Number City of Santa Ana ---_.____n____..n____..____...._____._____.__ _n___.__________._____.._______._______._________.._______._______.___ Print name of taxpayer from line 1 if other than individual -------_______._____u_____n_____________n________________..h_n_u_ Signature Date Title (if applicable) Print Name 00000 PIN Number ----------------------------------------.------ ImII Declaration of Representative Caution: Students with a special order to represent faxpayers in qualified Low Income Taxpayer Clinics or the Student Tax Clinic Program (levels k and I), see the instructions for Part fl. Under penalties of perjury, J declare that: . [ am not currently under suspension or disbarment from practice before the Internal Revenue Service; . I am aware of regulations contained in Circular 230 (31 CFR, Part 10), as amended, concerning the practice of attorneys, certified public accountants, enrolled agents, enrolled actuaries, and others; . I am authorized to represent the taxpayer(s) identified in Part I for the tax matter(s) specified there; and . [ am one of the following: a Attorney-a member in good standing of the bar of the highest court of the jurisdiction shown below. b Certified Public Accountant-du[y qualified to practice as a certified public accountant in the jurisdiction shown below. c Enrolled Agent-enrolJed as an agent under the requirements of Circular 230. d Officer-a bona fide officer of the taxpayer's organization. e Full-Time Employee-a full-time employee of the taxpayer. f Family Member-a member of the taxpayer's immediate family (for example, spouse, parent, child, brother, or sister). g Enrolled Actuary-enrolled as an actuary by the Joint Board for the Enrollment of Actuaries under 29 U.S.C. 1242 (the authority to practice before the Internal Revenue Service is limited by section 10.3(d) of Circular 230). h UnenroJJed Return Preparer-the authority to practice before the Internal Revenue Service is limited by Circular 230, section 10.7(c)(1)(viH). You must have prepared the return in question and the return must be under examination by the IRS. SeeUnenrolled Return Preparer on page 1 of the instructions. k Student Attorney-student who receives permission to practice before the [RS by virtue of their status as a Jaw student under section 10.7(d) of Circular 230. Student CPA-student who receives permission to practice before the IRS by virtue of their status as a CPA student under section 10.7(d) of Circular 230. r Enrolled Retirement Plan Agent-enrolled as a retirement plan agent under the requirements of Circular 230 (the authority to practice before the [nternal Revenue Service is limited by section 10.3(e)). ~ IF THIS DECLARATION OF REPRESENTATIVE IS NOT SIGNED AND DATED, THE POWER OF ATTORNEY WILL BE RETURNED. See the Part II Instructions. Designation Insert Jurisdiction (state) or Signature Date above letter (a-r) identification a CA h Form 2848 (Rev. 6-2008) ACORD~ 1"1./ L.UOb' -()?r5 '/ PRODUCER MARSH RISK & INSURANCE SERVICES 1 CALIFORNIA STREET CALIFORNIA LICENSE NO. 0437153 SAN FRANCISCO, CA 94111 AlIn: Audrey Se9alld (415)743-8632 19025.BOND-MM-08_09 CERTIFICATE OF LIABILITY INSURANCE r,^,t.\f.l:,";n'n" 1 O'G:l120011 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATlOr ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OF ALTER THE COVERAGE AFFORDED BY THE POUCIES BELOW. BOND LOGISTIX LLC FUND SERVICES ADVISORS, INC. 777 SOUTH FIGUEROA STREET, SUITE 3200 LOS ANGELES, CA 90017 I INSURERS AFFORDING COVERAGE _ _: NAlC!' 'NSURER A: Twin City Fire Insurance C!' ~9459 INSURERS: Hartford Underwrilers Insurance Company ,30104 II'NNSSUURREERR.O C',: -~-=-~~-'_- ~ ~ I --- ----L I'N5URERi NSURED :OVERAGES' '- - _'_ __ __ _ __ _ -,- -THE POLlC'IES OFINSURANCE LISTED BELOW' 'HAVE BEEN ISSUED TO THE INSURED NAMED ABoVE FOR THE POliCY PERIODIND/CA TED, NOTWITHSTANDING ANY REQUIREMENT. TERM OR CONDITION OF ANY CONTRACT OR OTHER DOcUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. ~::~~ TYPE~~~ ,- POllCVN~"'~-~A~~:~~~~~="- - LIMITS ;GEN R ... EA~C RENe ._L - rDAIAAGE TO RENTED L I CO~lMERCIAl GENERAL LIABILITY PREMISESlEo """',,",co, $ _ _ ~ . ' ClAIMS MADE r --' OCCUR M~ '^'" ""0 ..""n) S _ ' -- . - - - - PERSONAl & AOV INJURY $ L.l_ - - - GENE_AGGReGATE 1$ --- ~ENERALAGGREGAr~,\'~IT APPLIES PER ~ROOUCTS'COMPIOP~ i POLlCY JECT I LOC I AUTOMOBILE UABlUTY n ANY AUTO BALL OWNED AUTOS . SCHEDULED AUTOS HIRED AUTOS NON-OWNEO AUTOS COMBINED SINGLE LIMIT $ (E4:l ncetdenl) r OOOlLYINJURY ~ (Perpen;on) GARAGE UAEaUTY '---; J ANY AUTO EXCESSIUMBREUA UABlUTY ""-'-'-'1 OCCUR ~ I CLAIMS MADE ' L_ l DEDUCTIBLE BOOll Y INJURY (Per accident) ----..--. PROPERTY DAMAGE (Petaccidcnl) $ $ RETENTION $ WORKERS COMPENSATlON AND EMPLOYERS' UABlUTY ANY PROPRIETORIPARTNERiEXECUTIVE OFFICEAA.EMBER EXCLUDED? , , If Vl!'S, de5Cribe under i SPECIAL PROVISIONS below OTHER AGG ~. .._ H OCCU~r:tENCE AGGREGATE ~~_.- - .~-- AUTO ONLY -EA ACCIDENT i$ EAACC S- aTHER THAN AUTO ONLY; S $ $ $ $ 57 WE TU9541 (ADS) 57 WE TU9541 (TX) 10101108 10101/08 10/01/09 10101109 x OTH- .L EACH ACCIDENT $ .L DISEASE. EA EMPLOY $ -- .L DlSEASE . POLICY UMlT $ ""1;000,001 -.'- 1.000,001 1,000,00( SCRIPTION OF OPERATlONSlLDCATlONSNEHtcLES/EXCWSIONS ADOED BY ENOORSEMENT/SPE:CIAl. PROVISIONS idence of Workers' Compensation coverage. APPRO ED AS TO FORM "- Laura Stitt Sheedy Assistant City Attorney :RTIFICATE HOLDER SEA-001249344-o2 CANCElLATION City of Sonia Ana ./..; ./ Altn: Bich Ta X 5 't-. .,. 20 Civic Center Plaza M-17 Santa Ana, CA 92701 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCEUED BEFORE THE EXPIRATION DATE THEREOF, THE ISSUING INSURER wru ENDEAVOR TO MAlL ~ DAVS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMfO TO THE LEFT, BUT FAILURE TO DO SO SHAlL lro1POSE NO OBLIGATION OR: LIABILITY OF ANY KIND UPON THE INSURER, ITS AGENTS OR REPRESENTATIVES, A~T~~i~'1~~~T~ervsetlVices .~ Gene WiJlinms ORD 25 (2001/08) ,~ ^f"ADn "'1"'\n:no""lM~T'''''''' ....."" ' CERTIFICATE OF INSURANCE ISSUEDAT'E: ~;~;,>;~p® 2/5/2010 ~ _ ___ _ __ I'R..~I l.'~ Ia:: 'T'HIS CERTIFICATF. IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO I21GH'fS UPON THE CERTIFICATE HOLDER, 'THIS CERTIFICATE ``~1'~ iIS Fargo Insurance Services USA IriC. DOES NOT AMEND, EXTEND OR ALTL'R OTHER COVERAGE AFFORDED BY'CHE , POLICIES BELOW. ~; ~ I'1'('mOnt Street, SUlte 800 COMPANIES AFFORDING COVERAGE S~: r, I' 1 ~1nC1SC0 CA 94105 coMPANY ' ' Great Northern Insurance Company LE I7 ER A C'A DOI License #OD08408 con1PANY Federal Insurance Com an P Y ~_ _ _^_ LETTER B i ~d~:Ui l-D COMPANY dL S i ti LLC LETTER C or~ x, og s conTPANY ,,,,-mouth Figueroa Street, Ste. 3200 LE'rreRD i-~ s :~ngeles CA 90017 a>MPANY , LETTER F. ___~_ _ COVERAGES AND LIMITS _ "i'HEl 1S ICI CHI2'I'IFY T'ILAT THE POLICIES OF INSURANCE LLSTED BET.OW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED, ~:O'14N Ill IS'I',AADING ANY REQUIREMENT, TERM OR CONDTTION OF P.NY CONTR 4C T OR OTHER DOCUMENT W ITH RESPFC'T TO WHICH THIS CERTiF*CnTr. M11AV BF. IgsLJFn nR MAv' I'GI:IAI\. "I'I-I P: INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN 15 SU BJECT TO ALL THE TERMS, EXCLUSIONS AND CONDTTIONS OF SUCH POLICIES. i1MITS SI101NN iA1Al' I-1,A1 F RELN RFDUCL•D BY PAID CLAIMS. CCU. 'I'YPI: OP INSURANCE POLICY NUMBER POLICY EFF. POLICY EXP. DESCRIPTION LIMITS Cl'I< DATE DATE GCNP:KALLL~BILH'Y GENERAL AGGREGATE $ 2,000,000 ;~ r~ C'O\-Ir,t. GENERAL LIAB. 1_-- 3582-11-51 02/01/10 02/01/11 PROD-COMP/OP AGG. $ SUh)eCt t0 the General Aggregate f'~ C I_r\I\iS MADE PERS dr ADV. EvJIIRY' $ 1,000,000 i I ~ I C~CCCRREVCF LJ EACHOCCL'RRENCE $ 1,000,000 IL_-~ ~hY \'I':R'S ~ CONT'RACT'S PROT FIRE DAMAGE (One Fire) ~ $ 1,000,000 F--- MEDICAL EXPENSE (One Per) $ 10,000 AUTOAIORILE LIABIL71'Y L~ A~\Y AUTO 7499-6569 02/01/10 02/01/11 COMBINED SINGLELIMI'T $ 1,OOQ000 I ~ l-~ ALL 011~NED AUTOS l BODILY INJURY (Per Person) $ ~ ~ SLI I LI)ULED AUTOS BODILY INJURY (Per Accident) $ L~ I IIRIiD AUTOS PROPERTY DAMAGE $ CJ NON-OWNED AUTOS ~ ~ CrARAGE LIABILITY I l_ _~ 12 DSCI'.S I L1GIl,IT1' EACH C~CURRENCE $ 5,000,000 j ~, ~ UvIPIfIiLL.A FORM 7982-0023 02/01/10 02/01/11 AGGREGATE $ 5,000,000 _ - ' __- ~ :J fl ii'.It fti:\N UMBRELLA FORM - -- ._ . ; l1~ORKERS' COMPENSATION ^ STATUTORY LTR%11FS'' ` AND ~~I~1)t~_{..~~L3~ ;'~...T ,1 1~3 1 L)I\.i~/I EACH ACCIDENT .~ RA1PLOYE R'S LIABILITY ~ DISEASE- POLICY LIMIT ~ r ~ DISEASE -EACH EMPLOYEE _ ?1'111 R I`~til'P.ANCE _ ~. _ ~--..,...~__.__ _ __ / llLSCRIPTIONOFOPERATIONS/LOCATIONS/VEHICLES/SPE IA LITEMS: " !~he Cite. its oilicers, agents, volunteers and employees are nam ed as Additional Insured. ~ - ~ `~ t,rt '~.':1 X11 AN D ADDRESS OF CERTIFICATE HOLDER: CANCELLATION: SHOULD ANY OF THF. ABOVE DESCRIBED YOLICIES BE CANCELED BEFORE THE EXI'IR.4'I']ON DATE "THEREOF, THF. ISSUING COMPANY WILL ENDEAVOR TO M.41L 30 DAYS WRff"I'tiN C.l ly Ol 5antd And, FFrldnce dnd Management NOTICE TO THE CER"CIFICAI'E HOLDER NAMED TO THF. LEFT, BLT FAILURE 7'O MAIL SUCH ' ' C, 1 1' I C C'S A NO T ICE SHALL IAIPC~E NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE COMPANY, . . gency C ITS AGENTS OR REPRF•.SENTATIVES. 20 Civic Center Plaza M17 P.O. 13ox 1988 ~~/ ~~ ~nta Ana, CA 92701 / p ~ ~i~ ~\,tn: Francisco Gutierrez ~ r¢ ,g „~ :A~orcl 25-S (7/97) ACORD CORPORATION 1988 IMPORTANT If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. A statement on tt2~~s certificate does not confer the rights to the certificate holder in lieu of such endorsement (s). C ~' SU i3i20GATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may rc~tu~zr an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu ul';;i:ch endorsement (s). DISCLAIMER "i'he =_'crtificate of Insurance on the reverse side of this form does not constitute a contract between the issuing insurer (s), authorized representative or producer, and the certificate holder, nor does it affirmatively or ~~cti~titivt~ly amend, extend or alter the coverage afforded by the policies listed thereon. a ° CERTIFICATE OF LI ° °""" v ABILITY INSURANCE tTm" THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMENO, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSUREIRS), AUTHORI7ED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER, IMPORTANT: H the cedMCete holder Is an ADDITIONAL INSURED, the pollry'les) must be endorsed, N SUBROGATION IS WAIVED, eubjedM the terns and CORI OF the polity, Certain policies may require an endwaemerA A MNIBment DO this aHMGate does not Colder rlghb to the Ceflift holder in Has of RICH endonemerls). PRODUCER CONTACT RARSH RSXdINSURANCE SERVICES NAME, 95 CALIFORNIA STREET SUIETMO PROs Pus , N Ac NA CALIFORNIA LICENSE N0,G4171M I _ SAN FRANCISCO CA 9104 mDPteM , IMeu LSAFPORMROCON kOE Rocs IW5S}BLY4EdU1117 _ MRMA; XLSgMaNylowrmmCDmpey 7M8S INWRFO ' EXEROUPUC ASCII MSOUTH FIGUERQASIREEI,SUITE YW M9URENC, LOSANGOES, C4 XG17 INCURRED: NRIRENE, INSURER F, - - COVERAGES CERTIFICATE NUMBER: SFAm19:6115.14 REVISION NUMBER:? THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOOIMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE MUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEMEIN IS SUBJECT TO ALL THE TERMS , EXCLUSIONS AND CONGITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS, ?LNMIR TYPEOEINSURANCE MAR HER PER NUWM?-- SED, PouGVNLNem seem am Jim ,.GENERAL LLaUM BRREN[E $ COMMERICAL GENERA LIABILITY uwmrn { POSE t GAMGMAOE 0000UR '_ MI S SWVIWURY S GENEIRAGGREGATE 6 GEN'LwCREGAIE UMITAPPLIEC PER mWUCis OCWmPQ { wI CROMELIAMLR/ ROUSINfDSMC1ELIM17 wYAInO I SWDYWIURYPaenm - { - uLaamEn ?HEAUU:o wms wTOS ? ' ' ' eWarmluRrlPVaxMMN1 -'- { NONNNVEO MlRIOwros ,tutus I PROPERRY DAeDE ivam { W19PFMAWB GCCBR FACNOWJRRENCE ? S PKCEERLL1e CIAIMSMADE I I pGOREG4TE ??? IXO ' PEIFIDION! I, S WOPoOABCONIFXG110N , NCSTAN. NH AIOENR%'ERS'LWIInY YIN ANYAROPRE70WPA41ENFNECMNE OFFIkRMEMSERENCUlOED1 ?N NIA ELEWXIOOIDENI - - s , W MilpylntlN) I ELmSEA9EEIEMROVE __ 8 yn DESRPIIONffOPEPAnDNSGNw ELC5E6SE.PoUCILWT $ A PPOFESSIONALVLINtt ? ELNIIV79T14 IIIIDWII IIItB'IV11 fiEEPITMHMEVf IMESIMENCgNMTY OFBN?IIONOiORPATMN9ILDEAnoNa IVFNICLE6?hAWrEllm, IdUIIIAnIPomuh MNkuN,YmmapwN? . J . .. _., Or EVIDENLELFPPOFE990NAllASlI1YWVERAGE ? ? Q? ? ? ,,GI, r,IL.. CERTIFICATE HOLDER CANCELLATION CBYOFSWIAP7U UI IA AA TSMi 9HOULOANYOFTXEABOVE CG9CPIBEOPoLIC9:9 BECANCELIEDBEFWIE M ¢SEBGMERR@ J IXE EXRPATOX GATE THEREOF, NO11CE VWLL BE OELNEAEO IN FlNANCE0.NOHAN4f,E1RNi9IXVICESA,ENCY ACCWIDANCEWIIXIXEPoLICYIROWegNe. MCNICCENTERPLVAM17 SWIAAN CA 97AI A wmoXUEORFmF4MAm4 oIMAnNMAaakunesenlm /on. N-AKaIs N-a?DID-G?? EueD Long ??aeQ' Racy LOO ®1983.7010 ACOROCORPORATION, Alldghh reserved. ACORO7S (731NOS? The ACORD nine end logo Mereglslered mahsolACORO AGENCY CUSTOMER ID: 102533 LceX: San Francisco A C°a ADDITIONAL REMARKS SCHEDULE Page 2 of z AamC! NWEDNNPID MANSNRISK SI SERVICES ELIGROUPILC II/SCCMAGUEROASTREET SUITE 320D FaucreuRaER , LOS ANGELES CA 90011 tlA9FR NAICWD'. EFFECmEDAm, ADDITIONAL REMARKS THIS ADMIlli REMARKS FORM 15 A SCHEDULE TO ACORD FORM, FORM NUMBER: 2S FORM iIRE: CedilicateofLiablily Insurance MAGRODaLu PRMESSOk4UIBRIiY POLICYX EUU17n841 POLICY EFFEC?VEDATE ItWIt POLICY EMPON DATE 1002 AG(NEDRIELMC fLmo,00D DEUJCraIE $ 150,All RSUIEDOL MSPOREaO (7 m? ?Q x? c p f, rj ACORO f01 ?zBWN1? ®zOdSACORO CORPORATION. All dph6 rtavved. The ACORD nameand lopoamrtpletared maYNe RIACORO Av °a CERTIFICATE OF LIABILITY INSURANCE A THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW, THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURERS), AUTHORIZED REPRESENTATIVE OR PRODUCER AND THE CERTIFICATE HOLDER. IMPORTANT: If the eerlI holds( H an ADOITIOMAL INSURED, the pollcy(Ies) must he endorsed, It SUBROGATION 19 WAVED, subject to the terms and conditions of the I certain Token may Room an endarss(mnL Astatement on this cerifleaMdoes not confer dghts to the cmdFinafe holder in Ileu of such endorsement s). Pwoucm CONTACT MARSHRISK S INSURANCE SERVCES Mm' 34SCALIFDIWRSTREET, VJCE IND FAX NNE CAUfONNIALICENSE N0.05 ML Auoatse: SAN FRANCISCO, CA MIW -----, INSURERS AFPoRMNGCGYmA(E NUN 1CEZKNSEP,O li 12 --- 1915 A: XLSceeaNymxmmCNtymy 33885 Iltllf® NXGRWPLLC _-? - NSURPAB: -- mdaITHFICUEROASTFFET,SUITE 3BN Numc: LOS ANCEIESCA 9N11 ' xaURgG: NYIPmF __.__. _- - NWRFRi: i COVERAGES CERTIFICATE NUMBER: SEAAlNu514 REVISION NUMBER:7 THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW RAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED). NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDI OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERiIFlCATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TEAMS, EXCLUSIONS ANDCONDRIONSOFSUCH POLICIES. LIMITS SHOWN MAYHAVE BEEN REDUCED BYPADCLAIMS . Man LIR TYFEOFIXSURANCE MDOL SUre FMNYMIMRFR PoLImgF PGUCYFFI _ NNn MNIa Ggg4 WBINY EANLRCRRKE In WQETORI?ll CCMMERLI41fNERYLMBWTY 'PREMI5E6Ha d.NMSMPLf ? OCCUR I, MEOEIP A^YAN* 1$ - PETAXNALSAR INIURY r '. GENERAIAGGREGATE 1CEN'LAGOREGATELMTANRIESVER , PRGGIIM MwavA 1 1 I PoUCY FRJ IGC ! 1 6 j AGiGXWIlEN191W I CGMNINEGxNGIEUMIT ? Euuxeo ANrwro 1 9CglYIIVJRYITxpmol 6 PLLGNNED I?ISCNECMEG - e(GIYIRNRY1Pe,aiWN ? - { AUKS Auros NGNMM1NEG PRGFERnuM,v? HIRmAIrtos Alrtos I? 6 _UNgFILILNS _',. gCUR I ? I EACXCfCURPENCE i gCEGSWa LWMSNACE '. 'I AGGREGIIE S I GFD gE1ENaGN9 ' ? 6 WOrNIERSCpIFEXgImX 'I I, NCffiAILL IOM. ANI&ROYERe'MVIAIY YIN ' Lq M'YPRCPRIEIGNPA9pER?ENECM4E ?N NIA ' ELEWNACLIGEN[ B CFFIRMMEIBERENCWGEm WrMleryln NN ELMSEASEgEMRGYE $ IyygNamGu,Ae OESITNPIICNMFGPERIImNEedar ELOxFASEPoLBYLINi $ A PROffSBON4lIpBNIY ELUI343141 1111 114MN1f REATIAfA'MEM INVES1FENiCOMPAW GEBCPIPAGNGF0.°EgT10XFIlGGIgNSIYHINIq If.Gd, AtORGI01,WEponel RnnNUenMb,NmonysexieAUln[I R EVIogcEGFmDHSSIaNALUaILmco4ERUU ? CERTIFICATE HOLDER CANCELLATION CAYOFSWTAAW ?? ?GN ?A SXOULOANYOFTNEPBOYE DE9CmxEDPOMCIESBECAN?LIEOBFFORE NNE EXRRAAOX GATE THEREOF, NOACE WILL BE ODLIVEAED IN FlNWCEANDMWAGDNENTSEAVICESPGENCY ACCgNANCEWAXIHEPoLICYPRmRSNINS. 30CIVICCEMEPPWAMM7 SANTAWl4G 4101 N1IXGRIiq RFFREIFMAINF dNUeNRNNRInwnnnae,rlue EvaMLmg ®19SSgD1DACOR000RPORATION. Alldghtareaesvad. ACOR07S?MiDAS) ThaACORO name and logoare replslered malls olAC0R0 AGENCY CUSTOMER ID: 102533 Av a ADDITIONAL REMARKS SCHEDULE Page 2 of p uwcr RAVINSUae WHRIMLINSURUNCESERNCES &NGRCGP9 111 SOUFN FIGUEROA STREET, SUITE 400 VOImY N.MBEe ICS ANGELES, CA W7 w.ww anccooE ERCTIENTE: ADDITIONAL REMARKS THIS ADDITIONAL REMARKS FORM IS A SCHEDULE TO ACCORD FORM, FORM NUMBER 25 FORMIITLE: CeNfiWle of Liability Insurance SLRGWLLC PROFESSONALIIABLITY ITLldkRulz 11 POLICY EFIECTVEGATEJII If POLCfEWATONDATEI1010f1 AMGATEUNB: 12XMD DEDUCTIBLE $30 REATEpAmSFORELO l7 A? x? n °1n W 1+ CD nn ?Z N ? LOC #: San Francisco N ACORO f01 ?200BNQ ®POBSACORD CORPORATION. All dphte reserved. Tha ACORO name and logo are registered marlu of ACORO