<p style="text-align:justify"><span style="font-family:courier new,courier,monospace">IT IS HEREBY UNDERSTOOD AND AGREED that otherwise subject to the terms, provisions, conditions and exclusions contained in the policy or endorsed thereon, the following provisions shall be a precondition to any liability covered by this Policy:</span></p>

<p style="margin-left:27.0pt; text-align:justify"><span style="font-family:courier new,courier,monospace"><!--[if !supportLists]-->a. the Insured shall have at all times efficient and continuous contact to the weather office (PAGASA) and should heed precautions in the event of imminent storms/typhoons;</span></p>

<p style="margin-left:27.0pt; text-align:justify"><span style="font-family:courier new,courier,monospace"><!--[if !supportLists]-->b. all waterborne crafts and vessels shall be moored at least 500 meters away from the project area one day before the expected passing of the typhoon.</span></p>
