# PARTICIPATION ENDORSEMENT

**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.**

This endorsement modifies Insurance provided under the following coverage part:

**COMMERCIAL EXCESS LIABILITY COVERAGE PART**

It is agreed that the total Limits of Insurance for all contributing insurance (insured or self-insured) is $50,000,000. The Company's percentage of participation under this policy is 50% or $25,000,000 part of $50,000,000 and the liability of this Company is limited to the same proportion, namely 50% (being $25,000,000 part of $50,000,000 of any loss hereunder).

It is a condition of this insurance that the Insured maintain in full force and effect during the currency of this policy insurance coverage for Limits of Insurance of 50% part of 100% (being $25,000,000 part of $50,000,000). However, the failure of the insured to comply with the foregoing shall not invalidate this insurance, but in the event of such failure, this Company shall only be liable to the same extent as they would have had the insured complied with the said condition.

This endorsement does not change any other provision of the policy.

**ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.**

Authorized Representative:

BCIM0068 1113 Berkley National Insurance Company
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