This endorsement forms a part of the designated policy and applies, unless otherwise stated herein, as of the effective time and date of such policy.

Issued By: [Blank]
Producer's Name and Address: [Blank]
Producer's Code: [Blank]

Policy No.: LX 633 11 34
Effective: [Blank] at [Blank]

Named Insured and Address: [Blank]
[Blank], [Blank], [Blank], [Blank], [Blank], [Blank]

Endorsement No. 2

"In the event of reduction or exhaustion of the aggregate limit or limits designated in the underlying policy or policies solely by payment of losses in respect to accidents or occurrences during the period of such underlying policy or policies, it is hereby understood and agreed that such insurance as is afforded by this policy shall apply in excess of the reduced underlying limit or, if such limit is exhausted, shall apply as underlying insurance, notwithstanding anything to the contrary in the terms and conditions of this policy."

This endorsement shall not be binding upon the company unless countersigned by a duly authorized representative of the company.
Countersigned by: [Signature]
LIA8 7281
C-P