# ENDORSEMENT #7

In consideration of the premium charged, it is agreed that the Named Insured is amended as follows:

International Business Machines Corporation, I.B.M. World Trade Corporation and any other subsidiary or affiliated corporation provided such other subsidiary or affiliated corporation warrants that it is under the same operative and financial control through the identity of its officers, directors or stockholders and any employee associations thereof.

It is also agreed that the joint venture known as 425 Market Street Associates is also included but only as respects the interest of International Business Machines Corporation.

It is further agreed that Endorsement #1 is deleted in its entirety.

This endorsement to take effect on the 21st day of May 1978. All other items and conditions remain unchanged.

Attached to and forming part of Policy No. 925921 of FIRST STATE INSURANCE COMPANY.

Issued to: International Business Machines, Inc.

The company located these documents in its business records. At this time, the company does not certify that these documents constitute a complete and accurate copy of the policy.