# NON PREMIUM ENDORSEMENT

**Issued by:** CITY INSURANCE COMPANY

**POLICY NUMBER:** HEC 1 19 84 10

**EFFECTIVE DATE AND TIME OF ENDORSEMENT:** 5/21/81

**PRODUCER:** Johnson & Higgins

**NAMED INSURED:** International Business Machines Corp., Etal.

**POLICY EXPIRATION:** 5/21/82

**ENDORSEMENT NO.:** 1

It is agreed that this policy is hereby amended as indicated. All other terms and conditions of this policy remain unchanged.

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**NAMED INSURED**

International Business Machines Corporation, I.B.M. World Trade Corporation, IBM World Trade Europe/Middle East/Africa Corporation and IBM World Trade Americas/Far East Corporation and Science Research Associates, Inc. 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 following joint venture &/or partnerships are included as named insureds, but only as respects the interest of International Business Machines Corporation:

1) Market Street Associates of St. Louis
2) Discovision Associates
3) Satellite Business Systems
4) 425 Market Street Associates (San Francisco)
5) 2345 Grand Avenue Kansas City Condominium

**SIGNATURE OF AUTHORIZED REPRESENTATIVE:**