**ADMINISTRATIVE OFFICES**
301 E 4th Street
Cincinnati, Ohio 45202-4201
Tel: 1-513-389-5000

**GREATAMERICAN INSURANCE GROUP**

**ORIGINAL POLICY**
**GAI 6011 (Ed. 06 97)**

**GENERAL ENDORSEMENT**

**AMENDMENT OF INSURING AGREEMENT - LIMITS OF INSURANCE**

In consideration of the premium charged, it is understood and agreed that Insuring Agreement II., Section B.4. is deleted in its entirety and replaced by the following:

**II. Limits of Insurance**

**B.4. Subject to Paragraphs B.2. and B.3. above, if the "Underlying Limits of Insurance" described in Item 5. of the Declarations are either reduced or exhausted by payment of "loss", such insurance provided by this policy will apply in excess of the reduced or exhausted underlying limit. If the "Underlying Limits of Insurance" have been exhausted by actual payment of loss or if the Insured and/or underlying insurers have paid or have been held liable to pay and have agreed to fund by means other than insurance the full "Underlying Limits of Insurance", such insurance provided by this policy will apply as "underlying insurance" subject to the same terms, conditions, definitions and exclusions of the "first underlying insurance" except for the terms, conditions, definitions and exclusions of this policy.**

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