# NAMED INSURED ENDORSEMENT

IT IS UNDERSTOOD AND AGREED THAT THE NAMED INSURED, AS SHOWN ON THE POLICY DECLARATIONS, SHALL ALSO INCLUDE THE FOLLOWING:

- INTERNATIONAL BUSINESS MACHINES CORPORATION
- I.B.M. WORLD TRADE CORPORATION
- I.B.M. WORLD TRADE EUROPE/MIDDLE EAST/AFRICA CORPORATION AND I.B.M. TRADE AMERICAS/FAR EAST CORPORATION AND SCIENCE RESEARCH ASSOCIATES,

IT IS ALSO AGREED THAT THE FOLLOWING JOINT VENTURES ARE INCLUDED AS NAMED INSURED, BUT ONLY AS RESPECTS THE INTEREST OF INTERNATIONAL BUSINESS MACHINES CORPORATION:

- MARKET STREET ASSOCIATES OF ST. LOUIS
- DISCOVISION ASSOCIATES
- SATELLITE BUSINESS SYSTEMS
- 425 MARKET STREET ASSOCIATES (SAN FRANCISCO)
- 2345 GRAND AVENUE KANSAS CITY CONDOMINIUM

EFFECTIVE DATE OF THIS ENDORSEMENT IS MAY 21, 1980 AT New York, New York
TERMS AND CONDITIONS REMAIN UNCHANGED.
ENDORSEMENT IS ATTACHED TO AND MADE A PART OF POLICY # ML 65 22 97
D TO: INTERNATIONAL BUSINESS MACHINES CORP. ETAL

L/A/AGENT: JOHNSON & HIGGINS
95 WALL STREET
NEW YORK, NEW YORK 10005
ISSUE: 4/23/80 BY bw END No. 1