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GLS-94s (6-15) BODILY INJURY, PROPERTY DAMAGE, PERSONAL INJURY AND ADVERTISING INJURY LIABILITY DEDUCTIBLE ENDORSEMENT This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART 1. Our obligation under the Bodily Injury Liability, Property Damage Liability, Personal and Advertising In- jury Liability coverages to pay damages on your behalf applies only to the amount of damages in ex- cess of any deductible amounts stated in the Schedule above as applicable to such coverages, and the Limits of Insurance applicable to Each Occurrence or offense for such coverages will be reduced by the amount of such deductible. Aggregate Limits for such coverages shall not be reduced by the applica- tion of such deductible amount. 2. The deductible amounts apply to damages and "loss adjustment expenses" "Loss Adjustment Expenses" means the expenses which are incurred in conjunction with the defense, adjustment or settlement of claims made under any one of the policies and which are allocable to such claims according to generally accepted insurance industry practices; such expenses include, but are not limited to, expenditures for legal costs, attorneys fees, investigations, experts, independent adjust- ment services, and expenses incurred in obtaining recovery against any third party. 3. The deductible amounts stated in the Schedule above apply, respectively: a. Under the Bodily Injury Liability Coverage to all damages because of "bodily injury' sustained by one person; b. Under the Property Damage Liability Coverage to all damages because of "property damage" sus- tained by one person, organization or association; and c. Under the Personal and Advertising Injury Liability coverage to all damages sustained by one per- son, organization or association; as the result of any one "occurrence" or offense. 4. The terms of this insurance, including those with respect to our right and duty to defend any "suits" seeking those damages and your duties in the event of an "occurrence," offense, claim or "suit," apply ir- respective of the application of the deductible amount. S. We may pay any part or all of the deductible amount to effect settlement of any claim or "suit," and upon notification of the action taken, you shall promptly reimburse us for such part of the deductible amount as has been paid by us. Includes copyrighted material of ISO Properties, Inc„ with its permission. Copyright, ISO Properties, Inc„ 2007 UTS-128s (8-15) Page 2 of 4