**Policy Number:** WE1100159

**ENDORSEMENT NUMBER THREE**

**ENDORSEMENT FOR EXCESS FOLLOWING FORM POLICY ISSUANCE PRIOR TO ISSUANCE/RECEIPT OF THE LEAD UNDERLYING POLICY**

This Excess Liability Following Form Policy has been issued on the basis that it is following the same warranties, terms, definitions, exclusions and conditions (except as otherwise provided herein) as are, at inception hereof, contained in the Lead Underlying Policy, being Policy Number XOO G2 58 30 85 4 to be issued by ACE Property & Casualty Insurance Company and that such policy(ies) should reflect bound coverage as contained in the binder dated 6th May 2011, which has been noted by the Company and is held on file by Aon Limited, London.

Following the issuance of the above referenced policy a copy of such policy should be forwarded to the Company, via Aon Limited, London, for review and agreement by the Company. Any difference in coverage between the binder and the policy will not be binding upon the Company hereunder until agreed by the Company in writing.

Upon satisfactory review of the above referenced policy by the Company, an endorsement will be issued to this Policy deleting this endorsement in its entirety.

ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.

**Market Submission - Endorsement**  
**Page 7 of 22**  
**RD 10/05/11 03**