# LIMIT OF LIABILITY AMENDMENT

**Date Issued:** June 4, 1991  
**Endorsement No.:** 2  

**Insured:** International Business Machines Corporation, Policy No. (92) 7908-98-97 Etal  
**Name of Company:** Federal Insurance  
**Effective Date:** May 21, 1991  
**Producer:** Johnson & Higgins  

## THIS POLICY IS SUBJECT TO THE FOLLOWING AMENDMENT

It is understood and agreed that Item 4, Limit of Liability as stated in the Declarations is amended to read as follows:

The Company's liability under this policy is as follows:

- **$5,000,000.-** Each Occurrence  
- **$5,000,000.-** General Aggregate (as defined in the first Underlying Insurance policy) (where applicable)

Part of  
- **$55,000,000.-** Each Occurrence  
- **$55,000,000.-** General Aggregate (as defined in the first Underlying Insurance policy) (where applicable)

In Excess of  
- **$115,000,000.-** Each Occurrence  
- **$115,000,000.-** General Aggregate (as defined in the first Underlying Insurance policy) (where applicable)

All Other Terms and Conditions Remain Unchanged.

**Date:** 06/06/91  
**Authorized Representative:**

**LIMIT OF LIABILITY AMENDMENT**

Form 07-02-0581 (Ed. 7-86)  
INSURED'S COPY  
P-82202 (4M) PRINTED U.S.A.