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081 * 06/07/2021 * UMB 3952752 00 GREAT AMERICAN ALLIANCE INS CO <br />*D/B* 121126296 255044 <br />GAI 6475 (Ed. 04 10) <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />ACT OF TERRORISM RETAINED LIMIT <br />This endorsement modifies insurance provided under the following: <br />COMMERCIAL UMBRELLA COVERAGE FORM <br />The policy is amended as follows: <br />A. ITEM 5. of the DECLARATIONS - SELF -INSURED RETENTION is amended to include the following <br />Self -Insured Retention: <br />Act of Terrorism Self -Insured Retention: <br />$1 , 000 , 000 Each Occurrence <br />B, SECTION II - LIMITS OF INSURANCE - G. - RETAINED LIMIT is deleted in its entirety and replaced by the <br />following: <br />We will be liable only for that portion of damages, subject to the Each Occurrence Limit stated in the <br />Declarations, in excess of the "retained limit," which is the greater of: <br />1, the total amounts stated as the applicable limits of the underlying policies listed in the Schedule of <br />Underlying Insurance and the applicable limits of any other insurance providing coverage to the "Insured" <br />during the Policy Period; or <br />2. the amount stated in the Declarations as Self -Insured Retention or Act of Terrorism Self -Insured <br />Retention as a result of any one "occurrence" not covered by the underlying policies listed in the <br />Schedule of Underlying Insurance nor by any other insurance providing coverage to the "Insured" during <br />the Policy Period; <br />And then up to an amount not exceeding the Each Occurrence Limit as stated in the Declarations. <br />All "claims" and "suits" seeking damages for any liability out of an "act of terrorism' are subject to the Act of <br />Terrorism Self -Insured Retention. "Defense expenses" shall not erode the Act of Terrorism Self -Insured <br />Retention. <br />The Act of Terrorism Self -Insured Retention applies whether or not there is any applicable underlying policies <br />listed in the Schedule of Underlying Insurance or applicable limits of any other underlying insurance providing <br />coverage to the "Insured." If there is applicable underlying insurance listed in the Schedule of Underlying <br />Insurance or any other underlying insurance providing coverage to the "Insured," amounts received through <br />such underlying insurance may be applied to reduce or exhaust the Act of Terrorism Self -Insured Retention. <br />However, in no event will amounts received through such underlying insurance for the payment of "defense <br />expenses" reduce the Act of Terrorism Self -Insured Retention. <br />Includes copyrighted material of ISO Properties, Inc., with its permission. <br />GAI 6475 (Ed. 04/10) (Page 1 of 2) <br />