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DocuSign Envelope ID:23AA9521-5A8A-4D16-9A81-7143D7D4F7C3 <br /> SANCTIONS EXCLUSION Z U R[C H <br /> ENDORSEMENT <br /> THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY <br /> The following exclusion is added to the policy to which it is attached and supersedes any existing sanctions <br /> language in the policy, whether included in an Exclusion Section or otherwise: <br /> SANCTIONS EXCLUSION <br /> Notwithstanding any other terms under this policy,we shall not provide coverage nor will we make any <br /> payments or provide any service or benefit to any insured, beneficiary, or third party who may have any rights <br /> under this policy to the extent that such cover, payment, service, benefit,or any business or activity of the <br /> insured would violate any applicable trade or economic sanctions law or regulation. <br /> The term policy may be comprised of common policy terms and conditions,the declarations, notices, schedule, <br /> coverage parts, insuring agreement,application,enrollment form, and endorsements or riders, if any,for each <br /> coverage provided. Policy may also be referred to as contract or agreement. <br /> We may be referred to as insurer, underwriter,we, us, and our,or as otherwise defined in the policy,and shall <br /> mean the company providing the coverage. <br /> Insured may be referred to as policyholder, named insured,covered person, additional insured or claimant,or <br /> as otherwise defined in the policy,and shall mean the party, person or entity having defined rights under the <br /> policy. <br /> These definitions may be found in various parts of the policy and any applicable riders or endorsements. <br /> ALL OTHER TERMS AND CONDITIONS OF THIS POLICY REMAIN UNCHANGED <br /> U-GU-1191-A CW (03115) <br /> Page 1 of 1 <br />