**Endorsement No:** 2
**Additional Premium:** —
**Return Premium:** —
**Name of Assured:** INTERNATIONAL BUSINESS MACHINES CORP., ETAL.

**IT IS AGREED THAT THE PREMIUM FOR THIS POLICY MUST BE ALLOCATED BETWEEN UNITED STATES AND CANADA OPERATIONS PREMIUM PERCENTAGE IS:**

- U.S. - .9615%
- CANADA - .0385%

**CANADIAN BROKER:**

- JOHNSON & HIGGINS WILLIS FABER LTD.
- PLACE VICTORIA
- SUITE 2300
- MONTREAL, CANADA.

Nothing herein contained shall be held to vary, alter, waive or change any of the terms, limits or conditions of the Policy, except as hereinabove set forth.

This endorsement is effective MAY 21, 1976.

Attached to and forming part of Policy No SCLE 80-93026 of the

**GRANITE STATE INSURANCE COMPANY**

**JP/LL**

**FOR THE COMPANY**