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  

PREMIUM CHANGES  

Provision 14., PREMIUM is deleted and replaced with the following:  

14. Premium  

a. The premium stated in Item 3 of the Declarations as payable at inception is due and payable at the effective date of this policy.  

b. If we cancel this policy prior to the expiration date shown in Item 2 of the Declarations for any reason other than non-payment of premium, unearned paid premium shall be computed on a pro-rata basis and returned to the insured.  

c. If the insured cancels this policy, only 90% of the unearned paid premium shall be returned subject to the minimum premium provisions of d. below, and we will retain the balance as though it were earned premium.  

d. If the insured cancels this policy, or if we cancel this policy for non-payment of premium, the premium for this policy will be the greater of:  

(1) The earned premium;  

(2) 25% of the minimum premium shown in Item 5 of the Declarations; or  

(3) $5,000.  

CG T6 47 09 90