This endorsement forms a part of the designated policy and applies, unless otherwise stated herein, as of the effective time and date of such policy.

Issued By

Producer's Name and Address

Producer's Code

Effective

Policy No.
LX 633 11 33

Named Insured and Address (Number and Street, Town or City, County and State)

ON ACCOUNT OF THE FOLLOWING THE ADDITIONAL PREMIUM IS $ RETURN PREMIUM IS $

ENDORSEMENT NO. 1

NAMED INSURED

INTERNATIONAL BUSINESS MACHINES CORPORATION,
I.B.M., WORLD TRADE CORP., AND
ANY OTHER SUBSIDIARY OR AFFILIATED CORPORATION OF EACH
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.

This endorsement shall not be binding upon the company unless countersigned by a duly authorized representative of the company.

Countersigned by

LIAB 7251
C-P
PRINTED IN U.S.A.