# COMMERCIAL EXCESS -- LIMITS OF LIABILITY

It is understood and agreed that Item 4, Limits of Liability, on the Declaration page is deleted and replaced with the following:

### 4. LIMITS OF LIABILITY

| Each Occurrence | $25,000,000 |
|-----------------|-------------|
| Aggregate (where applicable) | $25,000,000 |

#### PART OF

| Each Occurrence | $200,000,000 |
|-----------------|-------------|
| Aggregate (where applicable) | $200,000,000 |

#### Quota Share Participant

| Each Occurrence | $175,000,000 |
|-----------------|-------------|
| Aggregate (where applicable) | $175,000,000 |

#### EXCESS OF

| Each Occurrence | $350,000,000 |
|-----------------|-------------|
| Aggregate (where applicable) | $350,000,000 |

Which is excess of underlying scheduled therein.

All other terms and conditions of this policy remain unchanged.