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The IT Group, Inc. <br /> Waiver of Subrogation Endorsement <br /> It is understood and agreed that the Company, in the event of any payment under this policy, waives its <br /> right of recovery against any Principal,but only at the specific written request of the Named Insured <br /> either before or after loss, wherein such waiver has been included before loss as part of a Contractual <br /> undertaking by the Named Insured. <br /> This waiver shall apply only with respect to losses occurring due to operations undertaken as per the <br /> specific contract existing between the Named Insured and such Principal and shall not be construed to be <br /> a waiver with respect to other operations of such Principal in which the Named Insured has no <br /> contractual interest. <br /> No waiver of subrogation shall directly or indirectly apply to any employee or employees of either the <br /> Named Insured or of the Principal, and the Company reserves its right or lien to be reimbursed from any <br /> recovery funds obtained by any insured employee. <br /> This waiver does not apply in any jurisdiction or situation where such waiver is held to be illegal or <br /> against public policy or in any situation wherein the Principal against whom subrogation is to be waived <br /> is found to be solely negligent. <br /> L:\ACCOLTNTS\FTCOKPMSCNPAODOI.SAM <br />