**THE HARTFORD**

**Policy Number:** KA 0000245  
**Effective Date:** 5-21-93

**Named Insured and Address:** INTERNATIONAL BUSINESS MACHINES CORPORATION  
CORPORATE HEADQUARTERS  
ARMONK, NEW YORK 10504  

**Endt. No.:** 10  

**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY**

This endorsement modifies insurance provided under the following:

Excess Liability

**NAMED INSURED**

International Business Machines Corporation, IBM World Trade Corporation, IBM World Trade Europe/Middle East/Africa Corporation and IBM World Trade Americas/ Far East Corporation, IBM Corporation, IBM Credit Corporation, and any 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 and members of employee associations.

It is also agreed that all joint ventures and/or partnerships, are included as insured, but only respects the interest of the Named Insured.

This endorsement does not change the policy except as shown.

Form L-5040-0 (Ed. 4-86) Printed in U.S.A. (NS)