150 William Street

New York, NY 10038

CERTIFICATE REQUIREMENTS

Certificate Holder:

150 William Street Associates L.P.

c/o: Braun Management Inc.

160 Broadway

New York, NY 10038

Additional Insured Owner:

150 William Street Associates L.P.

Braun Management Inc.

KF Braun Management LLC

Moses Marx ET AL

Insurance Requirements for Contractors:

1. General Liability Coverage - $1,000,000 per Occurrence $2,000,000 Aggregate

2. Umbrella Liability - $5,000,000 per Occurrence $5,000,000 Aggregate

3. Workers Compensation

4. NY State Disability

5. Name the building owner as additional insured