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Endorsement # 3



        Residential Building Exclusion



             Policy No.     Eff. Date of Pol.   Exp. Date of Pol.   Eff. Date of End.   Add’l Prem.   Return Prem.
          SGD 5915483 10       8/1/2016         8/1/2017          8/1/2016            ---               ---

        Named Insured:  Barr & Barr, Inc.

        THIS ENDORSEMENT CHANGES THE POLICY.  PLEASE READ IT CAREFULLY.
        This endorsement modifies insurance provided by the following:
                  ®
        Subguard  Policy
        It is agreed that:
        The following Exclusion is added to Section III. EXCLUSIONS:
            This insurance does not apply to Loss arising out of any Residential Building project.

        ALL OTHER TERMS AND CONDITIONS OF THIS POLICY SHALL REMAIN THE SAME.


















































                                                                                                 U-SGD-223-A CW  (01/13)
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                                 Includes copyrighted material of Insurance Services Office, Inc. with its permission.
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