**ENDORSEMENT 03**

**Crum & Forster Insurance Companies**
**The Policy Makers**

**Effective on and after:** MAY 21, 1978

**This endorsement forms part of policy No.:** JU 0183

**Issued to:** INTERNATIONAL BUSINESS MACHINES

**By:** THE NORTH RIVER INSURANCE COMPANY

**It is hereby understood and agreed the installment due May 21, 1978 is amended to read:**

**$38,880.00 U.S. Funds and $1,620.00 Canadian Funds**

**All other terms and conditions of this policy remain unchanged.**

**Expiration Date:** 5/21/79
**Standard Time**
**Return Premium:**
**U.S. Funds:** $314.00
**Additional Charge:** $380.00