# ENDORSEMENT # 7
EFFECTIVE: 5/21/81

IT IS AGREED THAT ITEMS #2,3, & 4 OF THE POLICY DECLARATIONS IS AMENDED TO INCLUDE THE FOLLOWING:

| ITEM #2 | ITEM #3 | ITEM #4 |
|---------|---------|---------|
| FEDERAL INSURANCE COMPANY | 5,000,000 PART OF 40,000,000 EXCESS OF 40,000,000 | 5,000,000 PART OF 40,000,000 EXCESS OF 40,000,000 |

ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.

THIS ENDORSEMENT IS ATTACHED TO AND MADE A PART OF POLICY NO. M876162 OF THE MISSION INSURANCE COMPANY ISSUED TO: INTERNATIONAL BUSINESS MACHINES CORP., ETAL (SEE ENDORSEMENT #1) DATED AT: NEW YORK, NEW YORK DATE: SEPTEMBER 25, 1981.

SAYRE & TOSO, INC.
BY: [Signature]