# ENDORSEMENT

**Date Issued:** 06/29/92  
**Endorsement No.:** 1  
**Insured:** INTERNATIONAL BUSINESS MACHINES CORP. ETAL  
**Policy No.:** (93) 7908-98-97  
**Name of Company:** FEDERAL INSURANCE COMPANY  
**Effective Date:** 05/21/92  
**Producer:** JOHNSON & HIGGINS  

## B(2) OTHER UNDERLYING INSURANCE
- **Royal:** $5,000,000 - each occurrence  
  Policy #: TBA  
  $5,000,000 - aggregate  
  5/21/92-93  

## B(3) OTHER UNDERLYING INSURANCE
- **International:** $5,000,000 - each occurrence  
  Policy #: TBA  
  $5,000,000 - aggregate  
  5/21/92-93  

## B(4) OTHER UNDERLYING INSURANCE
- **Travelers:** $5,000,000 - each occurrence  
  Policy #: TBA  
  $5,000,000 - aggregate  
  5/21/92-93  

## C OTHER UNDERLYING INSURANCE
- **New England:** $10,000,000 - each occurrence  
  Policy #: TBA  
  $10,000,000 - aggregate  
  5/21/92-93  

## D(1) OTHER UNDERLYING INSURANCE
- **Federal Ins. Co.:** $20,000,000 - each occurrence  
  Policy #: TBA  
  $20,000,000 - aggregate  
  5/21/92-93  

## D(2) OTHER UNDERLYING INSURANCE
- **Lexington:** $10,000,000 - each occurrence  
  Policy #: TBA  
  $10,000,000 - aggregate  
  5/21/92-93  

## D(3) OTHER UNDERLYING INSURANCE
- **Zurich:** $5,000,000 - each occurrence  
  Policy #: TBA  
  $5,000,000 - aggregate  
  5/21/92-93  

## D(4) OTHER UNDERLYING INSURANCE
- **Planet Ins. Co.:** $10,000,000 - each occurrence  
  Policy #: TBA  
  $10,000,000 - aggregate  
  5/21/92-93  

**ENDORSEMENT**

Page 1 Continued  
Form 99-02-02 (Rev. 8-71)