**ADVICE OF INSURANCE**
**JOHNSON & HIGGINS**
*Established 1845*
**INSURANCE BROKERS - AVERAGE ADJUSTER'S EMPLOYEE BENEFIT PLAN CONSULTANTS**

CABLE ADDRESS "REBODEN"  
601 WALL ST., NEW YORK, N.Y. 10005  
TEL. 044-3160 - AREA CODE 212

To: Miss Dolores Warnecke, Ins. Dept.
International Business Machines Corp.
Armonk, New York
June 9, 1969

Dear Sir:

In accordance with your instructions, coverage has been bound and endorsements have been ordered for the policies listed herein, making the following changes, effective: 6/6/

Endorse the policy as follows:
"It is agreed that such insurance as is afforded by the policy for Bodily Injury liability and for Property Damage liability, is hereby made to apply to all employees of the Named Insured but only as respects the use of United States Government vehicles located at Ft. Clayton Army Base in the Panama Canal Zone and in conjunction with the insured's performance in acting as a subcontractor for the United States Army."

Name of Insured: International Business Machines Corp.

Policy Numbers: GA8596100  
12/31/68-69

The endorsements are now being prepared by the Underwriters and will be sent to you in the near future.

Yours very truly,

JOHNSON & HIGGINS
Per: Richard T. Michel

**IMPORTANT NOTICE**
If there is any inaccuracy in the changes requested as described above, please advise immediately.

eh

ENDORSEMENTS
IBM 062344