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<br />COMMERCIALCRIME <br /> <br />llliE HARlFORD <br /> <br />THIS ENDORSEMENT CHANGES THE POUCY. PLEASE READ IT CAREFULLY. <br /> <br />TEXAS CHANGES <br /> <br />This enoorsement modifies insurance provided under the following: <br />COMMERCIAL CRIME COVERAGE PART <br /> <br />The following is added to tt"le Valuation-Settlement <br />provIsions of this pOlicy: <br /> <br />In me event arbitration IS ulllized. each party will <br />select a competem and lr."lpal1lal artrtrator. The <br />two aroitrators will seleCi an umpire. If they cannot <br />agree for '5 days uoon sucn umpire. either may <br />reQuest mat selection be maoe by a judge of a <br />COUJ'i haVing junsdic:tlon. The aroitrators will state <br />separately the value of the property and amount of <br /> <br />. \ <br /> <br />J:f"lrm CR n, " 03 87 Printed in U.S.A. <br /> <br />loss. If they fail to agree. they will submit their <br />difference to the umpire. A decision agreed to by <br />any TWO will be binding. EaCh parry will: <br /> <br />. ,~ <br /> <br />,. Pay its chosen arbitrator. and <br /> <br />2. Bear the other expenses of the arbitration and <br />umpire eoually. <br /> <br />If we suomIt to an arbitration. we will still retain our <br />rignt to deny the claim. <br />