This Endorsement Changes The Policy. Please Read It Carefully.

Royal Insurance

SCHEDULE OF ENDORSEMENTS

1. FOLLOW FORM NAMED INSURED
2. ABSOLUTE ASBESTOS LIABILITY EXCLUSION
3. ABSOLUTE POLLUTION EXCLUSION - AMENDED
4. ERISA EXCLUSION
5. NEW YORK AMENDATORY ENDORSEMENT
6. NON-DROP DOWN DUE TO INSOLVENCY

All other terms, conditions and warranties remaining unchanged.

Attached to and forming part of the Policy No. ________

Issued to ________

If this endorsement is listed in the policy declarations, it is in effect from the time coverage under this policy commences. Otherwise, the effective date of this endorsement is as shown below at the same time or hour of the day as the policy became effective.

Effective Date: ____________________________ Endorsement No. _______________

Countersigned By:

Authorized Representative ___________________________ Date _______________