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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />SUBLIMITS FOR UNDERLYING INSURANCE <br />This endorsement modifies insurance provided under the following: <br />ENVIRONMENTAL EXCESS LIABILITY POLICY <br />SCHEDULE <br />Underlying Insurance: <br />Each Occurrence Limit: <br />Aggregate Limit: <br />Automobile Liability <br />$5,000,000 <br />$5,000,000 <br />In consideration of the premium charged, it is hereby agreed that Section IV. LIMIT OF LIABILITY <br />deleted in its entirety and replaced by the following: <br />IV. LIMIT OF LIABILITY <br />A. The Each Occurrence Limit stated in Item 3. Limits of Insurance in the Declarations of this <br />policy shall be the total limit of our liability for all "ultimate net loss" sustained as the result of any <br />one "occurrence", "pollution condition" or "wrongful act". <br />B. The Policy Aggregate Limit stated in Item 3. Limits of Insurance in the Declarations of this <br />policy shall be the total limit of our liability for all "ultimate net loss" sustained during the Policy <br />Period shown in the Declarations of this policy. Upon exhaustion of the Policy Aggregate Limit <br />we shall have no obligation to make any further payments to or on behalf of the insured. <br />C. This policy shall apply in excess of the "controlling underlying insurance" limits shown in the <br />Schedule Of Controlling Underlying Insurance Endorsement. However, if the "controlling <br />underlying insurance" limit has been reduced or exhausted solely by reason of losses paid <br />thereunder arising out of "occurrences", "pollution conditions" or "wrongful acts" which take place <br />during this policy's Policy Period, then this policy shall: <br />1. In the event of reduction of limits, pay the excess portion of the reduced underlying limit; or <br />2. In the event of exhaustion of limits, continue in force per the terms and conditions of the <br />"controlling underlying insurance". <br />However, when paragraph 1. or 2. above apply, we will not pay that portion of the "ultimate net <br />loss" that is within the underlying limits of insurance which you have agreed to fund by self- <br />insurance or means other than insurance. <br />D. The Limits of Insurance shown in the Declarations shall apply to the entire Policy Period <br />shown in the Declarations of this policy and will not reinstate regardless of the Policy Period. If <br />the Policy Period is extended after issuance for an additional period of less than twelve months, <br />the additional period will be deemed to be part of the original Policy Period for purposes of <br />determining the Limits of Insurance. <br />E. Solely with respects to "ultimate net loss" arising out of the "Controlling Underlying Insurance" <br />shown in the Schedule above, the Limits of Insurance available under this policy shall be <br />amended and limited to the Each Occurrence Limit and Aggregate Limit shown in the <br />Schedule above. <br />The limits of insurance stated in this endorsement are <br />Insurance shown in the Declarations of this policy. <br />EN0157 0415 <br />included within and Item 3_ Limits of <br />The limits of i <br />REVIEWED & APPROVED BY: <br />�_rW Risk Management Specialist <br />