The Travelers  
Policy No. 7FSJEX-220T381-9-92  
Issue Date: 08/06/92  

THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.  

This endorsement modifies such insurance as is  
afforded by the:  

FOLLOWING FORM EXCESS LIABILITY POLICY  

EXCLUSION - EMPLOYMENT-RELATED PRACTICES  

This insurance does not apply to "loss" arising out of any:  

1. Refusal to employ;  
2. Termination of employment;  
3. Coercion, demotion, evaluation, reassignment, discipline,  
   defamation, harassment, humiliation, discrimination, or other  
   employment-related practices, policies, acts or omissions; or  
4. Consequential "loss" as a result of 1., 2. or 3. above.  

This exclusion applies whether the insured may be held liable as an  
employer or in any other capacity, and to any obligation to share  
damages with or repay someone else who must pay damages because of the  
injury.  

CG T6 35 09 90