# ENDORSEMENT

**Date Issued:** 4/16/80  
**Endorsement No:** 3  

**Insured:** International Business Machines Corporation Policy No 7922-81-34  
**Name of Company:** Federal Insurance Company  
**Effective Date:** 5/21/80  

**Producer:** Johnson & Higgins  

**It is agreed that the premium charged is payable as follows:**

* **United States Funds:** $11,127.
* **Canadian Fund:** $373.
* **Total Premium:** $11,500.

**Johnson & Higgins Willis Faber Ltd.**  
**Place Victoria, Suite 2300**  
**Montreal, Canada H421E2**

**Shall be deemed to be producer of record as regards Canadian exposures and premium.**

**All Other Terms and Conditions Remain Unchanged**

**Authorized Representative:**