# EQUAL TERMS FOR QUOTA SHARE ENDORSEMENT

**THIS ENDORSEMENT CHANGES THE POLICY, PLEASE READ IT CAREFULLY.**

The Named Insured has represented to us that this policy is subject to the same warranties, terms, conditions, exclusions and limitations (except as regards the limits of the liability) as are contained or as may be added to the respective policies of the insurers who participate in the same quota share layer (“quota share participant policies”) as us. In the event that the warranties, terms, conditions, exclusions or limitations of the quota share participant policies further limit or restrict coverage, this policy will be subject to such further limiting or restricting warranties, terms, conditions, exclusion and limitations. In no event shall this policy grant broader coverage for any type of coverage than would be provided by any of the quota share participant policies affording such coverage.

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