**C *T1*06/02/95*TUE8918699-00**
**0269669**

**ORIGINAL COPY**

**GREAT AMERICAN INSURANCE COMPANIES**
**Subsidiaries of American Financial Corporation**
**560 WALNUT STREET, CINCINNATI, OHIO 45202**

**GAI 6011**
**(Ed. 02 89)**

**THE PROTECTOR**
**CATASTROPHE LIABILITY POLICY**

**GENERAL ENDORSEMENT**

**PARTICIPATION ENDORSEMENT**

It is agreed that the total Limits of Liability for all contributing insurance (insured or self-insured) is $50,000,000.00. The Company’s percentage of participation under this policy is 20.00 % or $10,000,000.00 part of $50,000,000.00 and the liability of this company is limited to the same proportion, namely 20.00 % (being $10,000,000.00 part of $50,000,000.00) of any loss hereunder.

It is a condition of this insurance that the Insured maintain in full force and effect during the currency of this policy identical coverage for Limits of Liability of 80.00 % part of 100% (being $40,000,000.00 part of $50,000,000.00.) However, the failure of the Insured to comply with the foregoing shall not invalidate this insurance, but in the event of such failure, this Company shall only be liable to the same extent as they would have been had the Insured complied with the said condition.