ML19305D347

Forwards Endorsements 1-12 to Maelu Policy MF-102

ML19305D347
Person / Time
Site:	Sequoyah
Issue date:	04/07/1980
From:	Fielder J MARSH & MCLENNAN, INC.
To:	Saltzman J Office of Nuclear Reactor Regulation
References
NUDOCS 8004140442
Download: ML19305D347 (18)

Text

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a 400 North Akard Strezt Dallas. Texas 75201 Telephons 214 742-1941 April 7, 1980 i t

Mr. Jerome Saltzman, Chief i Office of Antitrust & Indemnity "

Nuclear Reactor Regulation i Nuclear Regulatory Commission Washington, D. C. 20555  ;

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M&M Nuclear Consultants i

Tennessee Valley Authority i Sequoyah Nuclear Plant j MAELU Policy MF-102 l Declarations & Endorsement 1-12 i CERTIFIED COPIES

Dear Mr. Saltzman:

Enclosed are eight copies of the Declarations page and eight certified copies of Endorsements 1-12 to MAELU Policy MF-102 for the Sequoyah Nuclear Plant of Tennessee Valley Authority.  ;

Sincerely, f 1

3 4,bvV v'

Jean Fielder (Mrs.)

l cc: L. L. Snell W. Smythe i jf s

Enclosure ll A technical service of Marsh & McLennan, incorporated [ 80 04140 YY2 ;

1

MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS 919 North Michigan Avenue, Chicago ll, Illinois Nuclear Energy Liability Policy No. Mp 102 (Facility Form)

DECLARATIONS Item 1. Named Insured _ Tennessee Valley Authority Addres. Chattanooga , Tenn_e s s_ee 37401 (No. Street Town or City State)

Item 2. Policy Period: Beginning at 12:01 A.M. on th, 1Ith day of February g9 8,,0, and continuing through the eficctive date of the caneciation or termination of this policy, standard time at the address of the named insured as stated herein.

Item 3. Description of the Facility:

Location All ofjlie_ple_m_ises includLngMic_landand all buildings and structures (including but not limited to Units 1 and 2) of Tennessee Valley Authority's Sequoyah Nuclear Plant located on a site consisting of about 525 acres on the west shore of Chickamauga Lake approximately 9. 5 miles north-east of Chattanooga, Hamilton County, Tennessee.

Power Reactor

'l.ype The Operator of the facility ;<

Ti.nnessee Valiey Authority item 4. The limit of the companies' liability is $ 36,000,000.00 subject to all the terms of this policy having reference thereto.

Item 5. Advance Premium $

3,756.24 (P ro- rated)

Item 6. These declarations and the schedules forming a part hereof give a complete description of the facility, insofar as it relates to the nuclear energy hazard, except as notea No Exceptions Date of Issu, April 3,1980 Countersigned by -

Authon, zed P.epresentative Nuclear Energy Liability Policy (Facility Form) 2/1/57 (Second Revision) 7EI*

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Address of Mutual Atomic Energy Liability Underwriters Endorsement It is agreed that the address of the Mutual Atomic Energy Liability  !

Underwriters appearing on the declarations and in the " Company '

r Representation" condition of the policy is amended to read: '

i "One East Wacker Drive, Chicago, Illinois 60601" ,

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i Eriective Date of To form a part this Endorsement February ll 1980 ,4 Policy No. MF-102 i

bued m Tennessee Valley Authority j l

Date of Issu, April 3,1980 ENM 4

For the Subscribing Companies

" MUTUAL OMIC EN GY LIABILITY UNDERWRITERS 4 US gg '-

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SElfDLA1015CDEICTUAmmm I Countersigned by Endorsement No. .

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i Amendment of Name of Member Company Endorsement

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I It is agreed that the name " SENTRY INSURANCE A MUTUAL COMPANY"  ;

is substituted for " HARDWARE MUTUAL CASUALTY COMPANY" wherever it '

appears ie. che policy.

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i ective Date of To form a part ehis Endorsement February 11. 1980 af Pohey No. hiF-102 ,

Issued to Tennessee Valley Authority Date of Issu, April 3,1980 WWuMWWWEBEA ,

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• A) su m musseurimmayuusmenos Endorsement No. Countersigned by AUTwoazzan RsusssNTAT!Y:

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O NUCLEAR ENERGY f IABILITY I 5 thb Ec -

MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS INDUSTRY CREDIT ~ RATING PLAN PREMIUM ENDORSEMENT '

It is agreed that Condition 1 of the policy is replaced by the following:

CONDITION 1. PREMIUM (1) Definitions: With reference to the premium for this policy:

" advance premium", for any calendar year, is the estimated standard premium for that calendar year;

" standard premium", for any calendar year, is the premium for that calendar year computed in accordance with the companics' rules, rates, rating plans, (other than the Industry Credit Rating Plan), premiums and minimum premiums applicable to this insurance;

" reserve premium" means that portion of the standard premium paid to i

the companics and specifically allocated under the Industry Credit Rating Plan for incurred losses. The amount of the " reserve premium" for this policy for any calendar year during which this policy is in force is the amount designated as such in the Standard Premium Endorsement for that calendar year;

" industry reserve premium," for any calendar year, is the sum of the reserve premiums for that calendar year for all Nuclear Energy Liabdity Policies issued by American Nuclear Insurers and Mutual Atomic Enercy Liability Underwriters and subject to the Industry Credit Rating Plan; "polf cy refund ratio", fo r any calendar year, is the ratio of the named insured's reserve premium for that calendar year to the' industry reserve premium for that calendar year;

" incurred losses" means the sum of:

(1) All losses and expenses paid by American Nuclear Insurers and Mutual Atomic Energy Liability Underwriters, and (2) All reserves for unpaid losses and expenses as estimated by American Nuclear Insurers and Mutual Atomic Energy Liability Underwriters because of obligations assumed and the expenses incurred in connection with such obligations by members of American Nuclear Insurers and Mutual Atomic Energy Liability Underwriters under all Nuclear Energy

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Atomic Mnergy J.iability Underwrit rs and subject tv the Industry Credit hating Plan:

"rer.erv. for refur.ds", at the end . : any calenda r yea r, is the r. mount

c. whic!. (1) toe som of all induatry reserve premiunn, for the perud. , ,

f r..r.. .:.o.u..cy 1, l'M 7 through the' end of such calem!..r year exceeds *

' (.:) the t..Lal' for th*e same period of (a) all' incurred losses,'valuedfas 4.6 - N'C

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"induat ry rese rve p remiun3 refunc!", fo r any calenda r yea r, ,iu determined

w. e, by multiplying'the reserve for refunds ~.at the end of the ninth calendar As.

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j, yea r t hereafter by thu ratio of the industry reserve' premium for tho.. ' f, .pr.e3.Qf.. .a..r.^~ Q.'i Q s

,e l- . sum calenda r yea r for which the premium refund is being dctctmined to the, , 3 , .Q.,

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of such amount and the total industry reserve premiums for..thc ? .-*

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'J next nine premium ofunti calenda r years thereafter, provided that the in,dustry rescr,vc 2,- N.

for any calenda.r yeat shall in no event be greater'.tha'n'C T"-

the inclustry reserve premium for such c:.lendar yea r. - '

(2.) Payment of Advance and Sta,mlard Premiums. The named insured shall; D,,

pay the t.;mpanies the advance premium stated in the declarations, ior 1,  ?,

the period from the c(fective date of this policy through. December 31 ..

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i' following. Thercafter, at the beginnian of each c.Medda: year while this'

' policy iu ir. force, the named insured >. hall pay the advance premium.for _ .

such yea r to the emnpanies. The advance premium for cach calendar yea r shall be stated in the Advanco Premium Endo rsement for such 'r calenda r year issued to, the. named insured aa soon as pr lcticable ' ' - '

prior to or after the beginning;of such year. -

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As s'oun as praeticable after cach Occcmber 31 and alter the to'rmination . .e . *. Y.T;  %-

-' .of this ;2ulicy, the standa rd premium for the preceding calenda r year'. '[ # @[-

shall be finally determined and stated in the Standa rd Premium Endorse-I ment for that calenda r yea r. If the stan<ta rd premium so determined.'

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' exceeds the advance premium previously~ paid for such calendar year,< y, . g M c 2;

the named insured shall pay the 'execus to the companics; if less, the '

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comp:anies sha'll retu rn to the named h riured the~ exce.s:. portion paid'l' q.]W** # ~

by :.uch insu' red, '

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The named insured 3 hall maintain reco'rde; of the ir.forination necessa ry .  ;

fur premium computation and shall send cupins of auch reco rds to the companies as elircetect, at the end of each calendar year, at the end of '

. the policy perio<l and at such other times during the policy perivd as thc.

, compa,ny may,dirc Ct. .

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"(3) Use of Reserve Pre Oiums. All reserve premiums paid or payable for '

this policy may be used by tiic membces'of Mutual Atomic Energy ! -

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shall'be t calendar returnable year. of any' g roup of ten evns'ccutivo calenda rO' to 'the 72.'.

named ins. L -

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due the named multiplyin;.: any. indust insured ry ccs u.foi any calenda r yea r .shall be determined by ' . .

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. by the policy refund ratio fo r such calendtg r The yea reserve r.c p remium prc'miumV' refund fu r t>u

..s. refunal for any calendar year shall be finally determined as soon as5 .. '

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, practicable after July 1 of the tenth calepda r year thereafter., ..,t 3lfpD..., Q. . . I., , f.f . .

3.l (6) Final laremimu. The final ~ premium for this policy shah be the sum of *.;-

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.standa which thit. rd pren.iums for each calendar yea r, o r po rtion thereof, durin:.; e policy remains in force less the sum of all refunds vf ecscrve , <

premiums due the named insured under'the provisions of this ,

Condition 1..J *

.' (7) . R'ese rve 1)remium R efund 'Ag reement.

. .r Energy Liabilit y Undc ewrite rs s Each member of Mutual Atomic .N.? ~

yea r, or portion there<>f, thereb,ubscribing thb, policy fe,r any calendar ,,  ;-

y agt ces for itseli, severally and not . mi o jointly, and in the reapuctive pt oportion of its liability as.sumed under this '

policy for that calendar year, to return to the named insured that portion .

of any reserve premium refund due the named insured for that calend..r . ~ .

yea r, determined,in accordance with the p rovisions of this Condition 1.

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To Fo t m a Pa rt i' this Endo rsement February 11. 1980 '

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o f' Po licy .No. MF-l'02 Issued to ic.:? ' .

Tennessee. Valley Authority ;p

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Date of Issue April 3 1980 ~

'TasCeggy3MIERN A fnsertW M a 3 Fo r the Subscribing Companies '

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Countersigned by '

~ Authorized Representa:.ive '

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l NUCLEAR ENERGY LIABILITY INSURANCE f MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Amendment of Cordition 4 Endorsement ,

It is agreed that with respect to bodily injury or property damage caused after the effective date of this endorsen.ent by the nuclear energy hazard the figure $31,500,000 stated in Condition. 4 of the policy is amended to  !

read $36,000,000.

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February 11, 1980 f th s bo e ent [ pog';"y *No MF-102 l

Issued to Tennessee Valley Authority April 3,1980 Date of Issua D e 5 TO m ner nesis A i ing myggg _ /.,/ For the Subscribing Companies 88EWWMmma FAmstggy /n . MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS D m. c4

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4 Endorsement No. Countersigned by Atmscuzas Ratats NTA m 8 55' I

b hI A!!EUDATORY DTDORSICCT tlUCLEAR EIERGY LIABILITY POLICY (FACILI?f FCP't)

It is agreed that:

I. The first sentence of the definition of nuclear facility is amended to read

" nuclear facility" means "the facility" as defined in any Nuclear Energy Liability Policy (Facility Fom) issued by Mutual Atomic Energy Liability Inde.eriters.or by !!uclear Energy Liability Insurance Association; II.

3e definition of "indennified nuclear facility" is replaced by the following:

"indeutified nuclear f acility" means (1) "the facility" as defined in any Nuclear Energy Liability Policy (Facility Fem) issued by !!utual Atomic Energy Liability Underwriters or by !!uclear Energy Liability Insurance Association, or (2) atiy other nuclear facility, if financial protection is required pursuant to the Atomic Energy Act of 195L, e my law retendatory thereof, with respect to any activities or operations conducted thereat; III. 'Cond?. tion h is replaced by the following:

LIIIITATION OF LIABILITY: CCHM0!! CCCURRENCE Any occurrence or series of occrr-rences resulting in bodily injury or property danage arising out of the radio-active, toxic, explosive or other hazardous properties of (a) nuclear naterial dischar;:cd or dispersed from the facility over a perici.

of days, wecks, months or long,er and also arising out of such propertiu of othcr nuclear material so discha'rged or dispersed from enc er more other nuclear facilitics insured under any Nuclear Energy Liability Pol.

icy (Facility Form) issued by Mutual Atomic Energy Liability Underwriters, or (b) source natorial, special nuclear material, spent liiel or waste in the courso of transportation fer which insurance is afforded under this policy and also arising out of such properties of other source raaterial, special nuclear material, spent fuel or usste in the course of transportation for which insurance is afforded under one or r. orc other Nuclear Energy Liability Policios (Facility Form) issued by Mut,ual Atomic Energy Liability Underuriters, shall be dcened to be a common occurrence resulting in bedily injury or property damage caused by the nuclear encrry ha:ard.

R lO 'O 'D %\ q 2-I a m (. =1 l Uith respect to such bodily Lajury and preserty dai...me (1) the total agr,rc;; ate liahility of the n.:mbers or mtual Ato; ate 1:nergy I.Labili.ty Undcruritera under all Muc1 car 1:ncmy Liabilit:' Policies (;*.:ctlit: Fo a),incthdlu; this polley, applieahic to such cc:::aoa occurrenec ; hall be the suri of the limita of liabillty to all such policica, the limit of liability oC cach :.uch policy beina, as detcrnined by Cendi-tion 3 thereof, but in no event shall such total aggeca, ate liability ot' such menbces execed $13,300,000; (2) the Local liability of the co.npanica under this policy chall not exceed that proportion of the total ap;cegata Linb(11ty of the nenbers of Mutual At<.ile Energy T.iability i'nder'iritern, as stated in clause (1) above, t.hich (a) the ll. alt of li:htlity of this polley, ac deternined by Catdittan 3, bears to (b) the num of the li;aits of liability of all cach polleles issued by such membern, the limit of liability of cach such policy being as deterained by condition 3 thereof.

the provialcas of this condi. tion chall not crorate to increase the liait of the coepanies' liability under this policy.

IV. 'ihc second paragraph of Ccadition 12 "Other insuranco" is amended to read:

"If the insured has cther valid nad colic:tible lusurance (other than such ccacurrent insurnace or any other auclent caersy liability insurance issued by Mutual Atemic Cacr:;/ Liability Underuriters or ::ccicar Energy Unbility ins.tranca Association to any person or or,3a F.aation) applicable to locs or enpense ecvered by this policy, the insuraaco afforded by this policy shall be excess insurance over such orher insurance; previdad, with renpcet to any persen d o is not c.gloyed at ..nd in conacctica with the facility, such insurance as is af forded by this policy for bodily injury to an cmployee of the insured aris tn;; out of and in the ccurse of his caployaent shall be primar/ lawrance under such other insurance'.'

f,jo nt February 11, 1980 [f po$c].*yf* MF-102 7,g Tennessee Valley Authority Date of Issu, April 3,1980 TM351ggggTBuf MSIS A For the Sub::cribint Ccmpanics Tasapresammera I unpagymaggy MUTU.1L ATOMIC ENERGY LIA1:ILITY UNDERWRITE'IS FACERT4mW N1 == '

tNSURWE 38 By -

TRE M M EIMIMr lummusteenrmestscenes 5 Countersi;;ned by Endorsement No.

Aunicuzzo Rantssxunyt

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i, Amendment of Transportation Coverage .I (Indemnified Nuclear Facility)

It is agreed that the definition of " insured shipment" in Insuring Agreement III is amended to read:

" insured shipment" means a shipment of source material, special nuclear material, spent fuel or waste, herein called " material," '

(1) to the facility from sny location except an indemnified nuclear facility, but only if the transportation of the material is not by predetermination to be interrupted by removal of the material from a transporting conveyance for any purpose other than the continuation of its transportation, or (2) from the facility to any other location, but only until the material is removed from a transporting conveyance for any purpose other than the continuation of its transportation.

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I EKective Date of To form a part I this Endorsement rebruary 11. 1980 af Policy No. MF-102

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Tennessee Valley Authority Issued to l Date of Issu, April 3,1980 M5195WWW1MBRA g For the Subscribing Companies 7mEMW m m Metflir#MN5WM5f MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS FAcultitseaIF ie 2 =

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hML A10MC 080f UANUff Lle0MMUS 6 Countersigned by Endorsement No.

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AMEtM ENT OF DEFINITION OF " NUCLEAR ENERGY HAZARD" (Indemnified Nuclear Facility)

It is agreed that:

1. Solely with respect to an " insured shipment" to which the policy applies as proof of financial protection required by the Nuclear Regulatory Commission subdivision (2) of the definition of " nuclear energy hazard" is amended to reads (2) the nuclear material is in an insured shipment which is away from any other nuclear facility and is in the course of transportation, including handling and temporary storage incidental thereto, within (a) the territorial limits of the United States of America, its territories or possessions, Puerto Rico or the Canal Zone; or (b) international waters or airspace provided that the nuclear material is in the course of transportation between two points located within the territorial limits described in (a) above and there are no deviations in the course of the transportation for the purpose of going to any cther country, state or nation, except a deviation in the course of said transportation for the purpose of going to or returning from a port or place of refuge as the result of an emergency.

2. As used here, " financial protection," has the meaning given it in the Atomic Energy Act of 1954, as amended.

Effective Date of To fann a part February 11,1980 af Policy No. M F-102 this Endorsement Tennessee Valley Authority g

Issued to April 3,1980 Date of Issu-2 0185Nf M M BA . gg .

For the Subscribing Compan.ies g

imot M W M fRlW MUTUAL TOMIC E GY LIABILITY UNDERWRITERS gaggy re en mullAIIIIS WWM .M, h . af 8_

M AklY M2WEstius,sterfstr MUTUAL ATWSC DOCT UARU1Y UllDeluitfBS I Countersigned by Endorsement No.

AUTwoazzen RaratssNTAT!YE 7.'

NUCLEAR ENERGY I ' ABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Supplementary Endorsement Waiver of Defenses Reactor Construction at the Facility It is agreed thr.t in construing the application of paragraph 2 (b) of the Waiver of Defenses Endorsement with respect to an extraordinary nuclear occurrence occurring at the facility, a claimant who is employed at the facility in connection with the construction of a nuc1 car reactor with respect to which no operating license ha s been issued by the Nuclear Regulatory Commission shall not be considered as employed in connection with the activity where the extraordinary nuclear occurrence takes place if:

(1) the claimant is employed exclusively in connection with the construction of a nuclear reactor, including all related equipment and installations at the facility, and (2) no operating license has been issued by the, Nuclear Regulatory Commission with respect to the nuclear reactor, and (3) the claimant is not employed in connection with the possession, storage, use or transfer of nuclear material at the facility.

Effective Date of To Fo rm a Part this Endorsement February 11, 1980 _

of Policy No. MF-102 Issued ta Tennessee Valley Authority n e gyg h - , April 3,1980 Titz QWTW Degenetin, T M M cFustalR D e strouct For the Subscribing Companies

" M Mutual Atomic Energy Liability Underwriters

=~~MM""u - 8 m. dw WML A1WEC DetGT UmUTYLRDatenUt3 Endorsement No. 8 Countersigned by Authorized Representative l l

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WAIVER OF DEFENSES ENDORSEMENT (Extraordinary Nuclear Occurrence)

The named insured, acting for himself and every other insured under the policy, and 4 the members of the Mutual Atomic Energy Liability Underwriters agree as follows:

1. With respect to any extraordinary nuclear occurrence to which the policy applies ,

as proof of financial protection and which (a) arises out of or results from or occurs in the course of the construction, possession, or operation of the facility, or (b) arises out of or results from or occurs in the course of the transportation of nuclear material to or from the facility, the insureds and the companies agree to waive (1) any issue or defense as to the conduct of the claimant or the fault of of the insureds, including but not limited to:

(1) negligence, (ii) contributory negligence, t (iii) assumption or risk, and (iv) unforeseeable intervening causes, whether involved the conduct of a third person, or an act of God, (2) any issue or defense as to charitable or governmental immunity, and (3) any issue or defense based on any statute of limitations if suit is instituted within three years from the date on which the claimant first knew, or reasonably could have known, of his bodily injury or property damage and the cause thereof, but in no event more than twenty years after the date of the nuclear incident.

1 The waiver of any such issue or defense shall be effective regardless of whether such issue or defense may otherwise be deemed jurisdictional or relating to an element in the cause of action.

2. The waivers set forth in paragraph 1. above do not apply to (a) bodily injury or property damage which is intentionally sustained by the claimant or which results from a nuclear incident intentionally and wrongfully caused by the claimant; (b) bodily injury sustained by any claimant who is employed at the site of and in connection with the activity where the extraordinary nuclear occurrence takes place if benefits therefor are either payable or required to be provided under any workers' compensation or occupational disease law; (c) any claim for punitive or exemplary damages, provided, with respect to any claim for wrongful death under any state law which provides for damages only punitive in nature, this exclusion does not apply to the extent that the claimant has sustained actual damages, measured by the pecuniary injuries resulting from such death but not to exceed the maximum amount otherwise.

recoverable under such law.

2

3. The waivers set forth in paragraph 1. above shall be effective only with respect to bodily injury or property damage to which the policy applies under its terms other than this endorsement; provided, however that with respect to bodily injury or property damage resulting from an extraordinary nuclear occurrence, Insuring Agreement IV, " Application of Policy," shall not operate to bar coverage for bodily injury or property damage (a) which is caused during the policy period by the nuclear energy hazard and (b) which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence. Such waivers shall not apply to, or prejudice the prosecution er defense of any claim or portion of claim which is not within the protection afforded under (a) the provisions of the policy applicable to the financial protection required of the named insured; (b) the agreement of indemnification between the named insured and the Nuclear Regulatory Commission made pursuant to Section 170 of the Atomic Energy Act of 1954, as amended; and (c) the limit of liability provisions of Subsection 170 e. of the Atomic Energy Act of 1954 as acended.

Such waivers shall not preclude a defense based upon the failure of the claimant to take reasonable steps to mitigate damages.

4. Subject to all of the limitations stated in this endorsement and in the Atomic Energy Act of 1954, as amended, the waivers set forth in paragraph 1. above shall be judicially enforceable in accordance with their terms against any insured in an action to recover damages because of bodily injury or property damage to which the policy applies as proof of financial protection.

5. As used herein: " extraordinary nuclear occurrence" means an event which the Nuclear Regulatory Commission has determined to be an extraordinary nuclear occurrence as defined in the Atomic Energy Act of 1954, as amended. " financial protection" and " nuclear incident" have meanings given them in the Atomic Energy Act of 1954, as amended. " claimant" means the person or organization actually sustaining the bodily injury or property damage and also include his assignees, legal represen-tatives and other persons or organizations entitled to bring an action for damages on account of such injury or damage.

Effective Date of To fann a part this Endorsement February 11,1980 af Pohey No. M F.102 Tennessee Valley Authority Issued to April 3,1980 Date of Issua M 570 CGNT1HUTM515 A TREmp - m 9 For the Subscribing Companies M N N WIMIBED W N NUCT RERTNES E E M " MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS INSURMCE B 1lg

. 0 umRA10MCDOCTUWU1YpeOMEDS 9 Countersigned by Endorsement No.

Auruoazzso RarasssNTAT!vs 7.**

AMENDMENT OF CONDITION 2 " INSPECTION; SUSPENSION" (FACILITY FORM)

It is agreed that Condition 2 " INSPECTION; SUSPENSION" is replaced by the following:

2. INSPECTION; SUSPENSION. The companies shs11 at any time be permitted but not obligated to inspect the facility and all operations relating thereto and to examine the insured's books and records as far as they relate to the subject matter of this insurance. Neither the right to make inspections and examinations nor the making thereof nor any advice or report resulting therefrom shall consti-tute an undertaking, on behalf of or for the benefit of the insured or others, to determine or warrant that such facility or operations are safe or healthful, or are in compliance with any law, rule or regulation.

If a representative of the companies discovers a condition which he believes ,

to be unduly dangerous with respect to the nuclear energy hazard, a representative of the companies may request that such condition be corrected without delay.

In the event of non-compliance with such request, a representative of the companies may, by notice to the named insured, to any other person or organization considered by the companies to be responsible for the continuance of such dangerous condition, and to the United States Nuclear Regulatory Cot: mission, suspend the insurance with respect to the named insured and such other person or organization effective 12:00 midnight of the next business day of such Commission following the date that such Commission receives such notice. The period of such suspension shall terminate as of the time stated in a written notice from the companies to the named insured and to each such person or organizatio 2 that such condition has been corrected.

Effective Date of '""*#*"

this Endorsement February 11,1980 af Pohey No. MF-102 Issued to Tennessee Valley Authority Date of Issu, Ap ,19 0 DasaTOCERWYmarnasaA For the Subscrib.mg Compam.es Uuttiprygagggyg /c W EPMT W REISE ag urpgucy (ACMYggy 101 , MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS By MAL A7028C Dacy UA3MYUEDMMH3 Endorsement No. 10 Countersigned by Aurnoatzsn RatsasswrATTys 7.**

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AMENDATORY ENDORSDiENT (Application of Policy)

It is agreed that Insuring Agreement IV of the policy, captioned -

" Application of Policy" is amended to read as follows:

APPLICATION OF POLICY This policy applies only to bodily injury or property damage (1) which is caused during the policy period by the nuclear energy hazard and (2) which is discovered and for which written claim is made against the insured, not later than ten years after the end of the policy period.

1 Effective Date of To form a part this Endorsement February 11, 1980 af Policy No. MF-102 Issued to Tennessee Vallev Authority Date of Issu, April 3,1980 15510 t31373mr3g33 , For the Subscribing Companies nwtwreessenerin, //

MAMPanremanassastreuct MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS FAC:UTTFORh)MLy /C1 mm WAN0!G UNDER 3 3 gy Tirt copy.

I E!000RE CIPa$,!!CRtuRy r=CL aczc ENEi:a t=urt c:ERwanas II Countersigned by Endorsement No. _ ,.

AUTBonlL ' % ald ; p eE

• Y.*

,~

l NUCLEAR ENERG' LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS i l

l ADVANCE PREMIUM ENDORSEMENT .l and l STANDARD IMEMIUM ENDORSEEENT Calendar Year 1980

1. ADVANCE PREMIUM It is agreed that the Advance Premium due the companies for the calendar year designated above is $ 3,756.24 .

2 STANDARD PREMIUM AND RFSERVE I'REMIUM In the absence of a change in the Advance ~;emium indicated above, it is agreed that, subject to the provisions of the Industry Credit Racing Plan, the Standard Premium and Reserve Premium are: ,

Standard Premium $ 3,756. 24 .

Reserve Premium $ 2.593.48 .

Effective Date of To form a part this Endorsement February 11, 1980 of Policy No. MF-102 Iceued to Tennessee Vallev Authority Date of Issue Anril 3,1980 DES 13TO CEI!WYTHATDESIS A '

TRUE COPflFDBOE5 DEN NO, / For the Subscribing Companies PADEPRRf 0FIWCISRDERGYPOUCf FAclu!TF0melukit /C1 " MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS UUE COPI* y . . e."l

-3 IRmlAL A10ldC DDtGT tlABIUTY I,300 twit!TUS Endorsement No. 12 Countersigned by ,

AUTHORIZED REPRESENTATIVE

__ .. . _ _ _ . _ . . . . . _ . . . . . . . . . . . _ .