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                      ENDORSEMENT                    1      2       3         1      2       3      4       5      6


                                                                                  Non-Imputation - Additional Insured
                                                                                          ALTA 15.1-06 Endorsement
                                                           ENDORSEMENT

                                                        Attached to Policy No.
                                                              Issued by
                                       OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY


        For purposes of the coverage provided by this endorsement,

               [identify the "incoming" partner, member or shareholder]
                    Insured under the policy.  By execution below, the Insured named in Schedule A
        acknowledges that any payment made under this endorsement shall reduce the Amount of Insurance as provided in
        Section 10 of the Conditions.

        The Company agrees that it will not assert the provisions of Exclusions from Coverage 3(a), (b), or (e) to deny liability for
        loss  or  damage  otherwise  insured  against  under  the  terms  of  the  policy  solely  by  reason  of  the  action  or  inaction
        or Knowledge, as of Date of Policy, of

               [identify, as applicable, the existing and/or exiting partner(s) of the insured partnership entity, member(s)
               or manager(s) of the insured limited liability company entity, or officer(s) and/or director(s) of the insured
               corporate entity]

        whether  or  not  impued  to  the  Additional  Insured  by  operation  of  law,  to  the  extent  of  the  percentage  interest  in
        the Insured  acquired  by  Additional  Insured  as  a  purchaser  for  value  without  Knowledge  of  the  asserted  defect,
        lien, encumbrance, adverse claim, or other matter insured against by the policy.

        This endorsement is issued as part of the policy.  Except as it expressly states, it does not (i) modify any of the terms and
        provisions of the policy, (ii) modify  any prior endorsements, (iii) extend  the Date of Policy, or (iv)  increase the  Amount of
        Insurance.  To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of
        this endorsement, this endorsement controls.  Otherwise, this endorsement is subject to all of the terms and provisions of
        the policy and of any prior endorsements.



        AGREED AND CONSENTED TO:



              INSURED




















        Authorized Signatory





                                                                        9 NCS Commercial Endorsement Guide | oldrepublictitle.com/ncs   66
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