# ENDORSEMENT 410

This endorsement, effective 12:01 A.M., MAY 21, 1986 forms a part of policy No. 1991797 issued to INTERNATIONAL BUSINESS MACHINE CORP. by NATIONAL UNION FIRE INSURANCE COMPANY.

## PERSONAL PROPERTY CCC EXCLUSION

IN CONSIDERATION OF THE PREMIUM CHARGED, IT IS AGREED THAT COVERAGE AFFORDED BY THIS POLICY SHALL NOT APPLY TO PROPERTY DAMAGE TO:

1. PERSONAL PROPERTY LEASED TO THE INSURED;
2. PERSONAL PROPERTY USED BY THE INSURED;
3. PERSONAL PROPERTY IN THE CARE, CUSTODY OR CONTROL OF THE INSURED OR AS TO WHICH THE INSURED IS FOR ANY PURPOSE EXERCISING PHYSICAL CONTROL.

ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.