ML17213A930

Forwards Endorsements 1,2 & 3 to Nelia Certificate N-59 & Maelu Certificate M-59

ML17213A930
Person / Time
Site:	Saint Lucie
Issue date:	12/27/1982
From:	Duck J MARSH & MCLENNAN, INC.
To:	Saltzman J NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8212300294
Download: ML17213A930 (37)

Text

REGULAT Y INFORMATION DISTRIBUTIO ~

SYSTEM (RIDS)

ACCESSION NBR;821230029ff DOC ~ DATE: 82/12/27 NOTARIZED: NO DOCKET SCIL:50"335 St Lucie Planti Uni,t 1i Florida

~ Power 8 Light Co, 05000335 50 389 St. Lucie Plant< Unit 2i Florida Power 8 Light Ca+ 05000369 AUTH ~ NAME 'UTHOR AFFILIATION DUCKzJ ~ RE Harsh 8 HcLennani Incog H 8I H Nuclear ConsultantsgInc ~ Div.

I R E'C P ~ NAME RECIPIENT AFFILIATION SAL'TZMANrJ~ Assistant Director for State 8 Licensee Relations

SUBJECT:

For war ds Endor sements HAELU Cer ti f 3 cate M 59, 1i 2 8 3 to ANI Cert i f i cate N"59 8 DISTRIBUTION CODE: H001S COPIES RECEIVED:LTR, ENCL SIZE:

TITLE: Insurance: Indemni'ty/Endorsement Agreements RECIPIENT >COPIES REC IP IENT COPIES ID CODE/NAME LTTR ENCL ID CODE/NAME LTTR ENCL NOTES'XTERNAL!

INTERNAL: UEZiJ 1 1 NRR/DL/ADL 07 1 0 REG F ILE= 01 1 1 SP 1 1 LPDR 03 1 1 NRC PDR 02 1 1 NTIS 00 1 1 TOTAL NUMBER OF COPIES REQUIRED; LTTR 7 ENCL 6

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Marsh & McLennan, Incorporated 400 North Akard Street Dallas, Texas 75201 Telephone 214 742-1941 December 27, 1982 Mr. Jerome Saltzman.

Assistant Director State & Licensee Relations Office of State Programs U. S. Nuclear Regulatory Commission

>Jashington, D. C. 20555 Florida Power & Light Company Plant St. Lucie Secondary Financi'al Protection ANI and MAELU Certificates CERTIFIED COPIES

Dear Jerry:

Enclosed for your records are the below listed items pertaining to the ANI and MAELU Secondary Financial Protection Certificates of Insurance N-59 and M-59 for the Florida Power & Light Company Plant St. Lucie Excess Binders previously submitted to the NRC.

1. Two certified copies each of ANI Certificate N-59 (Pages 1-6) and Endorsements 1, 2 and 3.

2. Two certified copies of MAELU Certificate If-59 (Pages 1-6) and Endorsements 1, 2 and 3.

In accordance with instructions received from ANI, these Certificates together with the Endorsements fulfillthe NRC requirement to provide evidence of Secondary Financial Protection for Plant St. Lucie Unit l.

Should you have any questions, Jerry, please give me a call.

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UlV Very truly yours, IV

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~lV O ohn R. Duck, r.

Assistant Vice President OIV M&M Nuclear Consultants "u QIV cc: R. E. Hinds J. P. Beyer A. R. Swain

, G. M. Florence jf/enclosures

0 NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM: It is agreed that the Annual Premium due the h idd ig d b i:51. 0.

'i,'hie is to oertify that, this is a n'ue copy of the original Endorsement having the endorsement number and being made part of the Nuclear Energy Liability 2olicy (Facility Form) as des-ignated hereon. Ho Insurance is afforded hereunder, Undenvriting John L. Quattrocchi, Vice President-Liability American Nuclear Insurers Effective Date of this Endorsement January 1, 1983

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Florida Power 6 Li ht Com an Date of Isaue December 1 5 1 982 For tl)e Sul>srril>in@ Coinpaniea 13y

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MI 'VAI. h'I'OMIC! I'NI;RClY I.IAPILITYV 31".RIVI(I'I'I',RS Endoraement No. (loon t eraiilne<l l>y h nTII lnnXt;I) I t >:nil t'WnH'rATIcn

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CLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENOORSENENT TO CERTIFICATE OO.

Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that Item 4.(a) of the Declarations is amended to read

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Identi ficati on of rimar financ.'al cd cm cd Item 4. (a) rotecti on applicable to the nuclear reactor and limit(s) e +%5 A~W g of liability thereof:

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~ cs Nuclear Energy Liability Insurance Association's Ic Policy NF- $ 124,000,000 tO 0 Ia rl C4 Mutual Atomic Energy Liability 8

OWCO Underwriters'olicy IS I MF- 88 $ 36,000,000

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~ eTebs Endorsement Ma 1 1979 To form a part of Certific M-59 Florida Power 8 Light Company s ~ oIelluoto Dato of Issu Decemb r 1 For thc Subscribing Companies M UAL ATOMIC ENERGY LIA ILITY U ERIVRITI"RS Dy Endorsement No. Coun tcrsignccl hy A Ilrllolll'II;IIi(I'I'III"IINTATIYs ME-S-2

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4 NUCLEAR ENERGY LlABlLITY INSURANCE MUTUAL ATOMIC ENERGY LlABlLITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.

Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

ANNUAL PREMIUM ENDORSEMENT It is'greed that the Annual Premiums applicable to the periods designated below are as follows:

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g4 For Calendar Year 1978 Effective Date January 1, 1978 Annual Premium $ 1,350.00 For Calendar Year 1979 c0 Effective Date January 1, 1979 Annual Premium $ 1,350.00

'g wa For Calendar Year 1980 4~a Effective Date January 1, 1980 Annual Premium $ 1,350.00 8~m

~W For Calendar Year 1981 4 ~ E ff ecti ve Date. January 1, 1981 Annual Premium $ 1,350.00

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~o >is Endorsoment as stated above of Certific Flori'di Power 8 Light Company Issue to Date of Isau December 1 5, 1 982 For tho Subscribing Companies M UAL ATOMIC ENERGY LIA ILITY U ERiVI(ITERS By Endorsement No. Countersigned by hurlloal'IVI> Itt:I'at'WVHTATIVV.

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This is to certify t hat the persons and organizations des.ignated in Item 1 of the Declarations are named insureds under the Master Policy-Nuclear Energy Liability Insurance (Secondary Financial Protection), herein called the "Master Policy", issued by Mutual Atomic Energy Liability Underwriters.

Such insurance as is provided by the Haster Policy applies, through this certificate, only:

(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) .for the certificate period stated in Item 6 of the Declarations, (1) with respect to which the rimar financial rotection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and MSFC-1 (1/1/83) Page l

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'C, (3) which is discovered and for which written claim is made s

against the insured not later thari ten years after the end of the certificate period stated in Item 6 of the Declarations.

caused by an extraordinar nuclear occurrence this subparagraph P) '

claim is made against the insured not later than twenty years after the date of the extraordinar nuclear occurrence.

Decl ara tions Item 1. Named insureds and addresses:

(a) Florida Power 8 Light Company - P.O. Box 529100, Miami, Florida 33152 (b)

Item 2. Additional insureds:

Any other person or organization who would be insured under the rimar financial rotection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such rimar financial Item 3. Description and location of nuclear reactor:

St. Lucie Plant located in St. Lucie County, Florida.

Item 4. (a) Identification of rimar financial rotection applicable to the nuclear reactor and limit(s) of liability thereof:

Nuclear Energy Liability Insurance Association's Policy HF- 227 $ 108,500,000 Mutual Atomic Energy Liability Underwriters'olicy MF- 88 S 31,500,000 Page 2 of Certlf )cate Ho .M 59

(h) The fol inning endorsoments. attached to the ~riinar financial rotection policies 1 isted in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:

(1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided r""""""< " ""

any other reactor except as ni follows:

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under the rimar financial

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No exceptions at present.

Item 5. Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies'on-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.

Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of August, 1977 and continuing to the effective date and time of cancellation or termination of the Master Policy or this certificate, whichever first occurs, eastern stahdard time.

I tern'.7. Haximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $ 1,125,000 Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from August 1, 1977 through December 31 following:

5 565.65 Page 3 of Certificate No. M- 59

BOND FOR PAYMENT OF .RETROSP IVE. PREMIUMS Know All Hen By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master'Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual Atcmic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the "companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at J

the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a'duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.

Page 4 of Certificate No. M- 5g

The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's I

obligations under the policy br the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.

IH WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1, 1977 eastern standard time.

Lih C (Named Insured - Type or Print)

By (SEAL)

'ecfetary (Signature of Officer)

David K. Baldwin, Vice-President C

(Type or Print Name & Title of Officer)

'I 6'Named Insured - Type or Print)

By (SEAL)

(Signature of Officer)

(Type or Print Name 8 Title of Officer)

Date:

(Named Insured. - Type or Print)

(SEAL)

(Signature of Officer)

(Type or Print Name 8 Title of Officer)

Da te: 'I Page 5 of Certificate No. M- 59

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IN WITNESS WH F, the companies 'subscribin e Master Policy have, caused the Cer ificate of Insurance and the D&elarations to be signed

'n their behalf by, Mutual Atomic Energy Liability Underwriters to be effective August 1,.' g77 ea'stern standard time, and countersigned below by a duly author'ized representative.

Attest or Witness For the Subscribing Companies of M TUAL ATOMIC ENERGY LIABILITYUNDERW TERS BY horized Agent Countersigned by Authorized epresentative Subscribin Com anies PROPORTION OF 100K American Mutual Liability Insurance Company, Wakefield, MA 15.0000000 Employers Insurance of Wausau, A Mutual Company, Wausau, Wl 15.0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual-.Company, Stevens Point, WI 5.0000000 Page 6 of Certificate Ho. M-59

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Nuclear Energy Liability Insurance NUCLEAR ENFRGY LIABILITYINSURANCE ASSOCIATION

'NDORSEMENT TO CERTIFICATE NO ~

Forming Part of Haster Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that Item 4.(a) of the Declarations is amended to read as follows: F Item 4. (a) Identification of rimar financial rotection applicable to the nuclear reactor and limit(s) of liability thereof:

r Nuclear Energy Liability, Insurance Association's Policy NF- 227 9124,000,000 Mutual Atomic Energy Liability Underwriters'olicy MF- 88 '$ 36,000,000 This is to certify that this is a"true copy of the original ...

Endorsortout having the endorsomenc number and being made part

'of the Nuclear Energy LiabilityPolicy (Facility Form) as des-ignated, hereon. No Insuranoe. is afforded. hereunder.

John L. Quattrocchf, Yice President.Lability Undmvriting American Nuclear Insnrere Effective Date of N-59 this Endorsement May 1, 1979 To form a part or Cetttt'tcate No.

12:01 A.M. Standard Time

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issued to Com an December 15, 1982 For t h e su cribing co panies Date of Issue By General Manager Endorsement No Countersigned by NE-S-2

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Nuclear Energy Liability insurance NUCLEAR ENERGY LIA8ILITYINSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-59 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the. periods designated below are as follows:

For Calendar Year 1978 Effective Date January 1, 1978 Annual Premium $ 4',650.00 For Calendar Year 1979 Effective Date January 1, 1979 Annual Premium $ 4,650.00 For Calendar Year 1980 Effective Date January 1, 1980 Annual Premium $ 4~650 00 For Calendar Year 1981 Effective Date January-l, 1981 Annual Premium $ 4i650 00 For Calendar Year 1982 Effective Date January 1, 1982 Annual Premium $ 4~650 00 This is to oertify tha< this i t ue copy of the oriGinal neer -'-

an d, bein 8 ma e es-

->>rt Endorsement havinG the en d ors lity Bment polioy (Faoili y.pormit ao L r.

f -"he Nuclear Energy hereon. Ho Insurance iss afforded. hereun 1 nated, Liabttity tits, Jetiti L. reochi Vice President Attiericsn Nitclesr ittsttrers, A

Effective Date of N-59 this Endorsement as stated above To form a part of Certificate No ~

12:Ot A.M. Standard Time Issued lo F1OI"ida POWet & Light COmpany

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December 15, 1982 For th e su cribing co panies Date of Issue By General M an a ger Endorsement No Countersigned by NE-S-3

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'Nuclear Energy Liability insurance NUCLEAR ENERGY LlABILITYlNSURANCE ASSOCIATION r

ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 It is agreed that the Annual Premium due the

~P' ANNUAL PREMIUM:

P i$ $ $ $ $ i!$ $ .$ .0$

This is to,oertity that this is a true oopy oi the having the endorse~ e"-'...~her and being made original,'ndorsement the Httolear Energy Liabi~ity do.troy (Faoility Pormf as des- part'f ignate4 hereon.. No Xnsuranoe is a Lorded hereunder.

John L. Quat trocchi, Vice President-Liability Underwritftg American Nacfaar Insurers Effective Date of tnis Endorsement $

12:01 A.. Standard Time Issued to Florida Power S Ll ht Com any cember 15 1982 or the su cr ibIng co panles Date of Issue D By General Manager

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Endorsement No 3 Countersigned by

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CQ co~~w~ Policy No. 1 I-aca~~u CERTIFICATE OF INSURANCE DECLARATIONS AND D~~ co 2 BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS

+8+~8 Cert i fi ca te of Insurance This is to certify that'the persons and organizations designated in Item 1

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of the Declarations are named insureds under the Master Policy-Nuclear Energy Liability Insurance (Secondary Financial Protection), herein called the "Master Policy", issued by Nuclear Energy Liability Insurance Association.

Such insurance as is provided by the Master Policy applies, through this certificate, only:

(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, d

(1) with respect to which the rimar financial rotection described in Item 4 of the Declarations would apply but for of its limit of liability as described in Condition 'xhaustion 6 of the Master Policy, and

'2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident ari-sing out of or'n connection with the nuc'lear reactor described in Item 3 of the Declarations, and NSFC-1 (1/1/83) Page 1

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(3) which is discovered and for which written claim is made against the insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations.

tl,>>dh p ~di1 caused by an extraordinar nuclear occurrence this subparagraph dph h11 I << I ~dip d hdhpdd d dd hph claim is made against the insured not later than twenty years after the date of the extraordinar nuclear occurrence.

Declarations Item 1., Named insureds and addresses:

(a) Florida Power 8 Light Company - P.O. Box 529100, Miami, Florida 33152 (b)

Item 2. Additional insureds:

Any other person or organization who would be insured under the

rimar financial rotection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of I

such rimar financial

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Item 3~ Description and location of nuclear reactor: St. Lucie Plant located in St. Lucie County, Florida.

Item 4. 'a) Identification of rimar financial rotection applicable to the nuclear reactor and limit(s) of liability thereof:

Nuclear Energy Liabili,ty Insurance Association's Policy NF- $ 108,500,000 Mutual Atomic Energy Liability Underwriters'ol icy MF-88 $ 31,500,000 Page 2 of Certificate No. N- 59

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(h) The following endorsements, attached to the ~rimar financial rotection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:

(1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The any p lid'I()<<hd limits of liability provided other reactor except as follows:

under the rimar financial ih No exceptions at present, Item 5. Limits of Liability: The amount of retrospective premium actually 1

received by the companies plus the amount of the companies'on-tingent liability. if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.

Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of August, lg77'nd continuing to the 'effective date and time of cancel lation or termination of the Master Policy or this certificate, =.

whichever II first occurs, ea'stern standard time.

Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $ 3,875,000.

Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the

'period from August 1, 1977 through December 31 following:

1,948.35 Page 3 of Certificate No. N- <~

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BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Nuclear Energy Liability Insurance Association subscribing the Master Policy (hereinafter called the "companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment thereof r

is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy unt'il paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond a

and (2) in enforcing any of 'the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a 'true copy hereof shall be regarded as an original.

Page 4 of Certificate Ho. N-59

The preceding Certificate of Insurance, Declarations and Bond form a part

.of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.

IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1, 1977 eastern standard time.

Attest or Witness Named Insureds:

Florida Power 5 Liaht Company (Named Insured - Type or Print)

By (SEAL) pÃretar~ (Signature of Officer)

'avid K. Baldw'in, Vice-President (Type or Print Name 5 Title of Officer)

Date:

(Named Insured - Type or Print)

By (SEAL)

(Signature of Officer)

(Type or Print Name & Title, of Officer)

Date:

(Named Insured - Type or Print)

By (SEAL}

(Signature of Officer)

(Type or Print Name 8 Title of Officer)

Date:

Page 5 of Certificate No.N- 59

IN WITNESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective August 1, 1977 eastern standard time, and countersigned below by a duly authorized representative.

Attest or Witness For the Subscribing Companies of NUCLE ENERGY LIABILITY INSURANCE ASSOCIATION BY Bg t C. Proom, President Countersigned by Authorized R res ntative Page ~ of Certificate No. ~N-

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