This endorsement, effective , forms part of Policy No. KY-8154-017 issued to , EFFECTIVE FROM INCEPTION DATE OF POLICY by the insurance company indicated below by an "X".

EMPLOYERS COMMERCIAL UNDERWRITERS INSURANCE COMPANY ☐ AMERICAN EMPLOYERS' INSURANCE COMPANY ☐ THE EMPLOYERS' FIRE INSURANCE COMPANY ☐ THE PENNSYLVANIA INSURANCE COMPANY

It is agreed that Item #1, Insured, shall read as follows:

International Business Machines Corporation,
I.B.M., World TradeCorp., The Service Bureau Corp.
and any other subsidiary or affiliated corporation of each provided such another subsidiary or affiliated Corporation warrants that it is under the same operative and financial control through the identity of its officers, directors or stockholders.

E. B. Sharp
Authorized Representative

EEnd. #1

G8010-4 (ECU) Part 1