# Composite Rating Plan Premium Endorsement

**Endorsement #33**

This endorsement, effective 12:01 A.M., 05-21-99, forms a part of Policy No. RMG1 6-22-08 issued to International Business Machines Corporation by American Home Assurance Company.

## Composite Rating Plan Premium Endorsement

This endorsement modifies insurance provided under the following:

- **Commercial General Liability Coverage Form**
- **Business Auto Coverage Form**

The Class Code, Premium Basis, and Rate section of the Policy Declarations is changed to apply as follows:

The premium for this policy will be computed upon a composite basis as shown below in accordance with our rules, rates, rating plans, premiums, and minimum premiums and the other policy terms.

### Schedule

| Coverage (CGL or BA) | Premium Type (S or NS) | Estimated Basis of Premium | Composite Rate(s) | Estimated Premium | Minimum Premium | Deposit Premium |
|----------------------|------------------------|----------------------------|-------------------|------------------|----------------|----------------|
| CA                   | NS                     | $49,164.28,233             | Flat              | $50,000          | $50,000        | $50,000        |

### Totals
- **Totals:** $50,000
- **Minimum Premium:** $50,000
- **Deposit Premium:** $50,000

The Composite Rate(s) shown above apply per 1,000 (a number such as 1, 10, 100, etc.) of Sales (a basis of premium type defined below or on page 2 of this endorsement).

If no number or no basis of premium type is inserted, for Commercial General Liability Insurance (CGL Coverage), the rate shall apply per 1,000 of "Sales", or for Business Auto Insurance (BA Coverage), the rate shall apply per 1 Unit where "Unit" means a powered covered "auto".

If "Sales" is selected as the basis of premium, such "Sales" will include both foreign and domestic sales and sales by one named insured to another unless otherwise indicated by "X" below:

- "Sales" do NOT include foreign sales.
- "Sales" do NOT include sales by one named insured to another.

If "Units" is selected as the basis of premium, a Unit is assumed.

Other Basis of Premium Type (Define herein or in "Exceptions" on Page 2)

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