**Endorsement #16**

**Policy No:** 39 06 923  
**Eff. Date of Pol.:** 5-21-79  
**Eff. Date of End.:** 5-21-79  
**Agency No.:** 50 515 810  
**Add'l Premium:** $  
**Return Premium:** $  

**Named Insured:** INTERNATIONAL BUSINESS MACHINES CORP.

This endorsement is issued by that company named below which is the insurer under the policy designated above issued to the Named Insured and forms a part of said policy as of the effective date hereof, at the hour stated in the policy Declarations.

**IN CONSIDERATION OF THE PREMIUM CHARGED, IT IS UNDERSTOOD AND AGREED THAT THE FOREIGN EMPLOYEES OF I.B.M. WORLD TRADE CORP. AND ITS SUBSIDIARIES ARE ADDITIONAL INSUREDS UNDER THIS POLICY BUT ONLY WHILE ON ASSIGNMENT WITHIN THE UNITED STATES OF AMERICA.**

**ZURICH INSURANCE COMPANY**
**AMERICAN GUARANTEE AND LIABILITY INSURANCE COMPANY**

Countersigned: [Signature]
Authorized Agent

U-GU 116-G REV. 11-76

MM 009612