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AIRPORT INSURANCE BINDER APR-29-2008 14:20 CL.I:!:AHWAT.I:!:H AIHt'AHK "(6 (4411:=lU:=I t'.U.6 AIRPORT INSURANCE BINDER u. S. SPECIALTY INSURANCE COMPANY EFFECTNE DATES: April 25, 2008 to April 25, 2009 Clearwater Airpark, Inc. 1000 N. Hercules Avenue Clearwater, FL 33765 NAMED INSURED: LOCA nON COVERED: (CL W) Clearwater Air Park Clearwater, FL And any location necessary and incidental to the operations of the Named Insured. PREMISES MEDICAL PAYMENTS: Including TRIA (Terrorism) Coverage (Excluding War Risks Coverage) $1,000,000 Each Occurrence $2,000,000 Aggregate $3,000 Each Person $3,000 Each Occurrence PREMISES LIABILITY: PRODUCTS/COMPLETED OPERATIONS: With respect to Fuel Sales: $1,000,000 Each Occurrence / Aggregate With respect to all other covered operations: $1,000,000 Each Occurrence / Aggregate $ 100,000 Each Person - Bodily Injury Estimated Receipts: Sale of Fuel & Oil VendinglPilot Supplies Sale of Parts Not Installed Sale of New /Used Aircraft Repairs & Service $465,000 If Any If Any If Any Not Covered ON-AIRPORT PREMISES AUTOMOBILIE LIABILITY: $1,000,000 Each Occurrence / Aggregate CONTRACTUAL LIABILITY: $] ,000,000 Each Occurrence / Aggregate Copies of contracts to be submitted to the Underwriters within thirty (30) days for their review and rating Aviation Insurance Agency INCORPORATED A~~-~~-~UU~ 14:~U L;L~A~\lIAT~~ A 1 ~~I\t(1\ ._ lLiI""""ll::lU::l r.u-, AIRPORT INSURANCE BINDER U. S. SPECIALTY INSURANCE COMPANY GROUND HANGARKEEPERS LIABILITY: $ 500,000 Each Aircraft $2,000,000 Each Occurrence In accordance with your instructions, the limit has been increased/rom $250,000 Each Aircraft / $1,000,000 Each Occurrence. Deductibles: $5,000.00 Each and Every Loss Including any location necessary and incidental to the operations of the Named Insured. Excludes In-Flight Coverage. In-Flight means the time commencing with the actual take-off run of the aircraft and continuing thereafter until it has completed its landing run. PERSONAL INJURY LIABILITY: Excludes Advertising Injury Liability $ 25,000 Each Person $1,000,000 Aggregate HOST LIOUOR LIABILITY: INDEPENDENT CONTRACTORS $1,000,000 Each Occurrence / Aggregate $1,000,000 Each Occurrence / Aggregate FIRE LEGAL LIABILITY: $50,000 Any One Fire TERRITORY COVERED: United States of America (including its territories and possessions), Puerto Rico and Canada. Worldwide with respect to damages because of bodily injury or property damage arising out of a product which was sold for use or consumption within the territory described above provided the original suit for such damages is brought within such territory. Aviation Insurance Agency INCORPORATED n~!~ ~~ ~uuu ~~.~~ V.LJ.&.:Il"\UWl"\ .l.&.:lU l"\ ~ ~\! l"\U.1.\. 1~1~":I:~.l..,JV~ .L .V~ AIRPORT INSURANCE BINDER U. S. SPECIALTY INSURANCE COMPANY ADDITIONAL INSUREDS: City of Clearwater 25 Causeway Boulevard Clearwater, FL 33767 The Hiller Group, Inc. HG Equipment and North Shore Holdings, LLC 5321 Memorial Highway Tampa. FL 33634 Chevron Global Aviation 1500 Louisiana Street. Room 39028C Houston, TX 77002 . ." . , ;:; . :; .. Date Recognition Exclusion Endorsement War, Hi-Jacking and Other Perils Exclusion THIS BINDER IS SUBJECT TO THE TERMS, CONDITIONS, LIMIT A TIONS AND EXCLUSIONS OF THE POLICY FORM IN CURRENT USE BY THE UNDERWRITERS. Aviation Insurance Agency INCORPORATED TOTAL P.04 ftr~-~~-~UU~ l~;~U vL~~~W~l~~ ~l~r~~~ f~''::I!':l.L.L:JU~ .r-.vJ. ... , . ~ 1000 N. Hercules Ave. Clearwater FL 33765 Phone: 727-443-3433 Fax: 727-443-1006 Clearwater Airpark:, Inc. Fax Phone: j) J:x Re: 1...f.J...dJU. JJ.~ ~.L- CC: o Urgent 0 For Review 0 Please Comment From: ~ Date: Lj J 2C1/ (j 8 Pages: TO:~ ~ - ~ (!.i Jj ) Fax; 7 J.1 -4 ~ J.. -lJ:Jq 57 o Please Reply 0 Please Recycle -Comments: w~ ~~~fU~Uv~(./ J-~~ 0- Lu-f-4 cro ih-UI ~J uo~t{)WI~~' -1LLlUY ~ -10 Df1W- ~ ~ cJ-7-0 ~rv;1JJ- I;; !hd ~ !v--zfry\... YIJ- ~ ~ ;OJ~.~<-;V~