**EFFECTED THROUGH JOHNSON & HIGGINS**

Established 1845

**INSURANCE BROKERS - AVERAGE ADJUSTERS EMPLOYEE BENEFIT PLAN CONSULTANTS**

CABLE ADDRESS "KEPODEN"

96 WALL ST., NEW YORK, N.Y. 10005
TEL. 488-8000 AREA CODE 212

* International Business Machines Corporation
  Armonk, New York 10504
  Att: Mr. Richard Faron,
  Insurance Dept.

**Date:** 10/29/79

The following changes in the policies listed below are hereby bound

**Effective:** 5/21/79

Include the following Joint Venture as a Named Insured:

2345 Grand Avenue Kansas City Condominium
Joint Venture

This is a venture consisting of IBM, Mutual Benefit Life Insurance Company and Walter H. Shorenstein as partners in the above. All three are tenants in the building which has its own liability insurance for the Joint Venture. Zurich is to cover IBM's interest only in the Joint Venture.

**Name of Insured:** International Business Machines Corp. etal

**Policy Numbers:** GA8906923
5/21/79-82

**UNDERWRITERS:** Zurich Ins. Co. - Bob Weinstock

Accepted by: R. Weinstock 10/29/79 A.M.
(Date) (Hour) P.M.

Accepted by: Richard T. Michel P.M.

**FORM No. 2640B-2**
ENDORSEMENTS

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