# ENDORSEMENT NUMBER: FIVE

## ECONOMIC OR TRADE SANCTIONS ENDORSEMENT

It is hereby understood and agreed that the Company shall not be deemed to provide insurance or be liable to pay a claim, to the extent that trade or economic sanctions or other similar laws or regulations prohibit the Company from providing insurance, including, but not limited to, the payment of claims.

The terms, declarations, insuring agreements, definitions, exclusions and conditions of this Policy otherwise remain unchanged.