**AMENDMENT OF CONDITION 3 - CANCELLATION**

Payment or tender of any unearned premium by the Company shall not be a condition precedent to the effectiveness of cancellation but such payment shall be made as soon as practicable.

All other terms and conditions of the Policy remain unchanged.

**Arch Reinsurance Ltd.**

**By:**  
**Title:** Senior Vice President  
Underwriting Manager,  
Excess Casualty  

**Date:** July 20, 2015  
**Ref:** BSF-4024 Ed. 3/11

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