# ENDORSEMENT

**Date Issued:** June 6, 1991  
**Endorsement No.:** 7  
**Insured:** International Business Machines Corporation, Etal  
**Policy No.:** (92) 7908-98-97  
**Name of Company:** Federal Insurance Company  
**Effective Date:** May 21, 1991  
**Producer:** Johnson & Higgins  

It is agreed that the premium charged is payable as follows:

- United States Fund: $12,075.
- Canadian Fund: $425.
- Total Premium: $12,500.

Johnson & Higgins Willis Faber, Ltd.  
Place Victoria, Suite 2300  
Montreal, Quebec H4Z1EZ  

shall be deemed to be producer of record as regards Canadian exposures and premium.

**M.M. - 0606.10**  
All Other Terms and Conditions Remain Unchanged  

Form 99-02-02/5 Part (Rev. 8-71) (Formerly 1382)