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PI -AM -002 (08/06) <br />United States Amateur Boxing, Inc. <br />Policy: PHPK264485 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />ADDITIONAL INSURED - CERTIFICATE HOLDERS <br />This endorsement modifies insurance provided under the following: <br />COMMERCIAL GENERAL LIABILITY COVERAGE PART <br />SECTION II — WHO IS AN INSURED is amended to include any Certificate Holder, identified as an <br />additional insured, on a Certificate of Insurance issued by American Specialty Insurance and Risk <br />Services, Inc. dba A.S.I.R.S.1. Insurance Agency, American Specialty Insurance & Risk Services Agency, <br />and A S Insurance & Risk Services Agency or Philadelphia Indemnity Insurance Company, but only for <br />liability arising out of the negligence of the named insured. <br />The limits of insurance applicable to these additional insureds are the lesser of the policy limits or those <br />limits specified in a contract or agreement. These limits are inclusive of and not in addition to the limits of <br />insurance shown in the declarations. <br />Page 1 of 1 <br />