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POLICY NUMBER: WBP2051742 01 <br />BUSINESSOWNERS <br />BP 04 97 01 06 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />WAIVER OF TRANSFER OF RIGHTS OF RECOVERY <br />AGAINST OTHERS TO US <br />This endorsement modifies insurance provided under the following: <br />BUSINESSOWNERS COVERAGE FORM <br />SCHEDULE <br />Name Of Person Or Organization: <br />The City of Redwood City, and its Council, officers, officials, agents, employees, and volunteers 1017 <br />Middlefield Road Redwood City, CA 94063 <br />Information required to complete this Schedule, if not shown above, will be shown in the Declarations. <br />Paragraph K. Transfer Of Rights Of Recovery <br />Against Others To Us in Section III — Common <br />Policy Conditions is amended by the addition of the <br />following: <br />We waive any right of recovery we may have against <br />the person or organization shown in the Schedule <br />above because of payments we make for injury or <br />damage arising out of your ongoing operations or <br />"your work" done under a contract with that person or <br />organization and included in the "products -completed <br />operations hazard". This waiver applies only to the <br />person or organization shown in the Schedule above. <br />BP 04 97 01 06 © ISO Properties, Inc., 2004 Page 1 of 1 <br />REV:03-30-26 VR <br />ATTY/AGR.2026.086/La Maja LLC (822 Main St) (Page 28 of 39) <br />