This endorsement modifies such insurance as is afforded by the provisions of the policy relating to the following:

| POLICY NO. | EFFECTIVE DATE | AGENCY NO. | ADD'L PREMIUM | RETURN PREMIUM |
|------------|----------------|------------|---------------|----------------|
| 85-70-500  | JAN.17, 1966   | 30-215-000 | $ 11,000.00   | $                |

Named Insured: INTERNATIONAL BUSINESS MACHINES CORP., ET AL.

This endorsement is issued by that company named below which is the insurer under the policy designated above issued to the Named Insured and forms a part of said policy as of the effective date hereof, at the hour stated in the Policy Declarations.

**ITEM 1. NAME OF INSURED:** INTERNATIONAL BUSINESS MACHINES CORP.
**ADDRESS:** ARMONK, NEW YORK

**ITEM 2. LIMITS OF LIABILITY:** THE LIMIT OF THE COMPANY'S LIABILITY SHALL BE AS STATED HEREIN, SUBJECT TO ALL THE TERMS AND CONDITIONS OF THIS ENDORSEMENT HAVING REFERENCE THERETO:
A - $ 5,000,000. SINGLE LIMIT EACH OCCURRENCE IN EXCESS OF
B - $ 10,000. SELF-INSURED RETENTION
C - $ 5,000,000. AGGREGATE LIMIT.

**ITEM 3. PREMIUM BASIS:**

| ESTIMATED COUPONS | RATE PER 1,000 COUPONS | ESTIMATED DEPOSIT PREMIUM |
|-------------------|------------------------|--------------------------|
| 171,000,000       | 0.0413                 | $ 11,000.00              |

**ITEM 4. OPERATIONS:** ALL COUPONS MANUFACTURED BY THE INSURED FOR PROVISIONAL GAMES.

EFFECTIVE FROM JANUARY 17, 1966 THE COMPANY AGREES WITH THE INSURED, NAMED IN THE DECLARATIONS MADE A PART HEREOF, I. IN CONSIDERATION OF THE PAYMENT OF THE PREMIUM; AND RELIANCE UPON THE STATEMENTS IN THE DECLARATIONS AND SUBJECT TO THE LIMITS OF LIABILITY, EXCLUSIONS, CONDITIONS AND OTHER TERMS OF THIS ENDORSEMENT AND EXCLUSIONS AND CONDITIONS OF THE ENDORSEMENT, UNLESS OTHERWISE STATED HEREIN.

**INSURING AGREEMENTS**

(1) TO INDEMNIFY THE INSURED FOR ALL SUMS WHICH THE INSURED SHALL BECOME LEGALLY OBLIGATED TO PAY ON ACCOUNT OF ANY CLAIM MADE AGAINST THE INSURED AND CAUSED BY ANY NEGLIGENT ACT, ERROR OR OMISSION OF THE INSURED IN CONNECTION WITH THE MANUFACTURE, INCLUDING PRINTING, SEEDING AND SHIPMENT OF COUPONS.

(ZURICH INSURANCE COMPANY)
(AMERICAN GUARANTEE AND LIABILITY INSURANCE COMPANY)

Countersigned: Victor P. Nigro
Duly authorized agent

Form 117 SOM 3-67
(For use with policy series 950 and 7000)

United States Manager (Zurich)
President (American Guarantees)
Secretary (American Guarantees)