**INA**

**INSURANCE COMPANY OF NORTH AMERICA**
**INA REINSURANCE COMPANY**

In consideration of the premium charged, it is understood and agreed that the Declarations of this Certificate are amended in part, to read as follows:

Item 2. - Policy Limits - Applications:
$15,000,000 CSL each occ.-agg., where applicable, part of $40,000,000 CSL each occ.-agg., excess $60,000,000 CSL each occ.-agg.

Item 3. - Company Retention:
$14,000,000 CSL each occ.-agg., part of $15,000,000 CSL each occ.-agg., subject to other reinsurance.

Item 4. - Reinsurance Accepted:
$1,000,000 CSL each occ.-agg., part of $15,000,000 CSL each occ.-agg.

Nothing herein contained shall vary, alter or extend any provision or condition of the certificate other than as above stated.

**Ceding Co.: National Union Fire Insurance Company, Policy # 1225407**
**Name of Insured: International Business Machine Corp.**
**Certificate No.: FRC 02 69 03**
**Effective Date: January 1, 1980**
**Endorsement No.:**
**ANDREWS WILSON**
**5000 N. WYOMING**
**Approved Representative**
**Date: 5/19/80**

**RF-3859a Printed in U.S.A.**