# ENDORSEMENT #2

## ANNUAL REVIEW

It is agreed that the installment premiums hereunder for the periods May 21, 1983 to May 21, 1984 and May 21, 1984 to May 21, 1985, are subject to review and adjustment based upon the terms and conditions of the primary coverage for said annual periods.

It is further agreed that information regarding terms and conditions of the primary coverage shall be furnished prior to the commencement of each anniversary period, being May 21, 1983 and May 21, 1984.

**Signed**

This endorsement to take effect on the 21st day of May, 1982. All other items and conditions remain unchanged.

Attached to and forming part of Policy No. 791710 of FIRST STATE UNDERWRITERS AGENCY OF NEW ENGLAND REINSURANCE CORPORATION.

Issued to: INTERNATIONAL BUSINESS MACHINES CORPORATION, ETAL
6/16/82 bh

The company located these documents in its business records. At this time, the company does not certify that these documents constitute a complete and accurate copy of the policy.