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CERTIFICATE OF INSURANCE (228) PRODUCER Serial # 00598 DATE (MM/DDNY) 08/31/2003 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. COMPANIES AFFORDING COVERAGE AON RISK SERVICES, INC. OF ILLINOIS 1000 N. MILWAUKEE AVENUE GLENVIEW, IL 60025 PHONE .1.866.283.7122 FAX - 847-953-5390 COM~ANY AMERICAN INTERNATIONAL SPECIALTY LINES INSURANCE COMPANY INSURED AON CORPORATION AND AON CONSULTING 200 EAST RANDOLPH CHICAGO, IL 60601 COMPANY B COMPANY C 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 DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED B Y THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES, LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS, TYPE OF INSURANCE POLICY NUMBER POLICY EFFECTIVE DATE (MMlDDIYY) POLICY EXPIRATION DATE (MMlDDIYY) LIMITS CO LTR I GENERAL LIABILITY nCOMMERCIAL GENERAL LIABILITY CLAIMS MADE U OCCUR OWNER'S & CONTRACTOR'S PROT GENERAL AGGREGATE $ PRODUCTS - COMPIOP AGG $ PERSONAL & ADV INJURY $ EACH OCC~_~~NC_~ _____~--l-~-_-_------------- FIRE DAMAGE (Anyone fire) $ __._u___.._. ________.__._____._......_ MED EXP (Anyone person) $ AUTOMOBILE LIABILITY ANY AUTO ALL OWNED AUTOS SCHEDULED AUTOS HIRED AUTOS NON-OWNED AUTOS COMBINED SINGLE LIMIT I GARAGE LIABILITY ANY AUTO BODILY INJURY (Per person) BODILY INJURY (Per accident) $ PROPERTY DAMAGE AUTO ONLY - EA ACCIDENT $ OTHER THAN AUTO ONLY: EXCESS LIABILITY UMBRELLA FORM EACH ACCIDENT $ --..-..-----.---.--.."..--.-- ------.-....---- AGGREGATE $ EACH OCCURRENCE $ AGGREGATE $ $ i OTHER THAN UMBRELLA FORM WORKER'S COMPENSATION AND EMPLOYERS' LIABILITY EB.OeBJEIQRL___ PARTNERS/EXECUTIVE OFFICERS ARE; - r:::::J 11\rc:r:- EXCL EL EACH ACCIDENT $ --._.~------'------~------- EL DISEASE - POLICY LIMIT $ EL DISEASE - EA EMPLOYEE $ OTHER A ERRORS & OMISSIONS 4762432 SEE ATTACHED ADDENDUM 4/29/2003 4/29/2007 EACH CLAIM: $1,000,000 DESCRIPTION OF OPERATlONSlLOCATlONSNEHICLESlSPECIAL ITEMS CITY OF CLEARWATER ATTN: CITY CLERK P,O, BOX 4748 CLEARWATER, FL 33758-4748 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, THE ISSUING COMPANY WILL ENDEAVOR TO MAIL 30 DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE COMPANY, ITS AGENTS OR REPRESENTATIVES, AUT~~ED REPRESENTATIVE OF AON RISK SERVICES, INC, OF IL ~-Cl,~ T:\FMPR01\BRIDGE\AON\ 10224227 AONE&00203 2fiS.FPfi E&O Coverage Insurer: American International Specialty Lines Insurance Company Policy number: 4762432 Policy term: 4/29/2003 to 4/29/2007 1. This certificate of insurance contains a summary of the policy coverage and does not include all terms, conditions and exclusions of the policy. The policy contains the full and complete agreement with regard to coverage. In the event of any inconsistency between this certificat,e of insurance and the policy, the policy language shall control. 2. This policy is subject to commutation by the insured if the insured receives a written notification from its independent auditors or the united States Securities and Exchange Commission that as a result of published changes in accounting rules applicable to the insured and comprising United States generally accepted accounting principles, all or substantially all of the premium paid under the Policy can not be expensed and all or substantially all of the recoveries under the policy can not be recognized as offsets to expenses incurred by the insured. In the event of commutation, the insurer will have no liability whatsoever under the policy to the insured or any other claimant regardless of the date of occurrence of a claim or event giving rise to a claim. 3. The insured has a retention on each and every claim under the Policy. 4-. -'I'his-i..s--a-cl..aims-made---and-I?epoI?ted policy e-f indemnity ~ 5. After an aggregate $103,500,000 in claims have been paid under the policy, no additional Claims will be paid by the Policy. 6. The limits of liability may be reduced in the event of non-payment of premium. Serial #: 00598 Page 2