**Policy Number:** WE1600387

**Layer 1**

- **Company:** Great American Insurance Company of New York
- **Policy Number:** EXC 4100279
- **Limits of Liability:** USD 25,000,000
- **Which in turn excess of:** The Followed Policy detailed in Item 3 (a) of the Declarations.

**3)** The Company has received and satisfactorily reviewed the requested information, and that the Section entitled Subjectivities, is now amended to read as None.

**ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.**

**AGREEMENT PARTIES**

| ARGOR E |  |  |  |
|---------|---|---|---|
| Argo Re |  |  |  |
| WE1600387 |  |  |  |

**Market Endorsement of Market Submission 03**

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KP 05/10/16 01/E2 WE54/01