**EMPLOYEE BENEFITS LIABILITY EXPLANATORY ENDORSEMENT**

"It is understood and agreed that the following exclusion is added as respects to Employee Benefits Liability coverage:

To any claim based upon any actual or alleged error or omission or breach of duty, committed or alleged to have been committed by a trustee, in the discharge of fiduciary duties, obligations, or responsibilities imposed by the Federal Employee Retirement Income Security Act of 1974"

Endt. # 3
MJH

**Issued by:**
(Name of Insurance Company)

This Endorsement, effective Forms a part of Policy No. Issued to:

Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy.