Creo que se trata de una enmienda que se realiza a ciertas claúsulas de exclusión de la póliza. La que no tengo clara es la traducción. Deberías leerlo del siguiente modo:

- Amend one versus one exclusion (former Directors and Officers carveback - 4 years removed)





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AMEND ONE VERSUS ONE. TO CARVEBACK BANKRUPTCY TRUSTEE. It is agreed that:. Section III., A., 4. (Exclusions Applicable to All Insuring Clauses) is hereby ...
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" PROFESSIONAL SERVICES AND OMISSIONS EXCLUSION (Carve Back Wording)
In consideration of the premium charged for this Certificate, it is hereby understood and agreed that Clause C.1. EXCLUSIONS of the Directors & Officers and Assured Organization Coverage Section is amended by the addition of the following:
X ) based upon, arising out of, directly or indirectly resulting from or in consequence of, or in any way relating to any act, error or omission in connection with the performance of any professional services by or on behalf of any of the Assureds for the benefit of any other entity or person; provided, however, this exclusion shall not apply to any such Claim brought directly, derivatively or otherwise by one or more securities holders of the Assured Organization in their capacity as such.
All other terms and conditions remain unchanged
US- "


" Attaching to and forming part of Certificate Number: 9-001-0022
PUBLISHERS EXCLUSION
(Carve Back Wording)
In consideration of the premium charged for this Certificate, it is hereby understood and agreed that Clause C.1. EXCLUSIONS of the Directors & Officers and Assured Organization Coverage Section is amended by the addition of the following:
) to the extent such Claim is for theft, conversion, infringement, improper duplication or misappropriation of idea, concept, copyright, trademark, trade name or literary property; or for nuisance or unfair competition; or for false, misleading, defamatory, obscene or objectionable advertising or publication. Moreover, this exclusion shall not apply to any such Claim brought directly, derivatively or otherwise by one or more securities holders of the Assured Organization in their capacity as such.
All other terms and conditions remain unchanged
US-8-"

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Note added at 9 horas (2009-02-11 11:40:24 GMT)
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La anterior exclusión (en la cobertura) de los Directores y Oficiales.