# THE CHUBB COMMERCIAL EXCESS

## Endorsement

**Policy Period:** MAY 21, 1997 to MAY 21, 1998  
**Effective Date:** May 21, 1997  
**Policy Number:** (98) 7966-56-84 CAS  
**Insured:** INTERNATIONAL BUSINESS MACHINES CORP., ETAL (AS PER CONTROLLING U/L INSURANCE)  
**Name of Company:** VIGILANT INSURANCE COMPANY  
**Date Issued:** June 5, 1997  

## Endorsement Limits of Insurance Amendment

**THIS POLICY IS SUBJECT TO THE FOLLOWING ENDORSEMENT**

On the Declarations, "Item 4", "Limits of Insurance" is deleted and replaced by the following:

### Limits of Insurance (Item 4)

The lesser of 80% of loss or:
- **Each Occurrence:** $20,000,000.
- **Products Completed Operations Aggregate:** $20,000,000.
- **Other Aggregate (where applicable):** $20,000,000.

Part of:
- **Each Occurrence:** $25,000,000.
- **Products Completed Operations Aggregate:** $25,000,000.
- **Aggregate (where applicable):** $25,000,000.

All other terms and conditions remain unchanged.

**Authorized Representative:** [Signature]  
**Date:** June 5, 1997

**Limits of Insurance Amendment**  
Form 07-02-0917 (Ed. 9/92) Endorsement  
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