**Highlands Insurance Company**

May 21, 1981

INTERNATIONAL BUSINESS MACHINES CORP.

In consideration of an additional premium of $11,500, it is agreed as per the Provisions stated in Endorsement No. 4 and 4 (a), the policy is hereby extended for an additional year from May 21, 1981 to May 21, 1982.

It is further agreed that United States and Canadian premiums for this annum are hereby allocated as follows:

| United States | $11,100 |
|---------------|--------|
| Canada        | $400   |
| Total Premium | $11,500 |

NY-6/3/81
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This endorsement countersigned by an authorized representative of the company forms a part of the above policy as indicated.
COUNTERSIGNED BY [Signature]
AUTHORIZED REPRESENTATIVE
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Note: The signature on the document is not legible in the image provided.