**INSURANCE COMPANY OF NORTH AMERICA**

**NAMED INSURED ENDORSEMENT**

International Business Machines Corporation,
I.B.M. World Trade Corp., The Service Bureau
Corp., and any other subsidiary or affiliated
corporation that warrants it is under the same
operations and financial control through the
identity of its officers, directors or stock-
holders.

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Nothing herein contained shall vary, alter or extend any provision or condition of the policy other than as above stated.
| Effective Date | May 21, 1970 at the hour specified in the policy. |
| --- | --- |
| Issued to | International Business Machines Corp., et al |

Endt. #4

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Authorized Agent
Not valid unless countersigned by a duly authorized agent of the
INSURANCE COMPANY OF NORTH AMERICA
C-1661
Charles K. Cox
President