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ENV-1203 (03-10)Includes copyrighted material of Insurance Services Office, Inc. with its permission Page 5 of 11 LIMITS OF INSURANCE For the purposes of this endorsement, it is agreed that the following conditions are added to the COMMERCIAL GENERAL LIABILITY POLICY,SECTION III. LIMITS OF INSURANCE: The Contractors Pollution Liability Limit shown in the Declarations is the most we will pay for the sum of all damages because of a loss or emergency response expense arising out of any one pollution condition under this policy. The most we will pay with respect to any pollution condition that continues during the policy periods of more than one Pollution Liability Policy is the Each Pollution Condition Limit shown in the Declarations applicable to the first policy period during which the pollution condition commenced. The General Aggregate Limit will be amended to include damages and Supplementary Payments under the Contractors Pollution Liability coverage part. The General Aggregate Limit shown in the Declarations is the most we will pay for the sum of damages under all Coverage Parts and Supplementary Payments afforded by this policy. The Limits of Insurance apply to the policy period shown in the Declarations or as amended by endorsement. The deductible amount stated on the Declarations is applicable to each pollution condition or emergency response expense. The deductible amount applies once to each pollution condition or emergency response expense and applies to defense expenses, investigation, settlement, compromise, or indemnification. We, at our sole election and option, may either: 1. Pay any part of the deductible amount to effect settlement or expense of any claim, and upon notification of the action taken, you shall promptly reimburse us for such part of the deductible amount that has been paid by us; or 2. Simultaneously upon receipt of notice of any claim or at any time thereafter, call upon you to pay or deposit with us all or any part of the deductible amount, to be held and applied by us at our sole discretion. If a claim has not entered into litigation, and we and the Named Insured mutually agree to mediation as a means to settle a claim made against the insured, and if such claim is settled as a direct result of and during the mediation, the deductible stated in the Declarations or applicable endorsement(s) shall be waived up to a maximum of $25,000. When this occurs, we will reimburse the Named Insured as soon as practical for any qualifying deductible amount which was already paid by the Named Insured prior to the mediation. GENERAL CONDITIONS For the purposes of this endorsement, it is agreed that the following conditions are added to the COMMERCIAL GENERAL LIABILITY POLICY,SECTION IV. – COMMERCIAL GENERAL LIABILITY CONDITIONS : Duties in the event of a Loss, Claim or Suit: 1. You must see to it that we are notified as soon as practicable of a pollution condition or loss, which may result in a claim or suit. To the extent possible, notice should include: a. How, when and where the pollution condition or loss took place; b. The names and addresses of any injured persons and witnesses; c. The nature and location of any injury or damage arising out of the pollution condition or loss; and d. The steps undertaken by the insured to respond to the pollution condition or loss. 2. If a claim is made or suit is brought against any insured, you must: a. Immediately record the specifics of the claim or suit and the date received;