# ENDORSEMENT #3

In consideration of the premium charged, it is agreed that Item 2. Limit of Liability - Underlying Limits of the Insuring Agreements is as follows:

(A) (a) $19,000,000.
(b) $19,000,000.

(A) (c) $2,000,000. part of $21,000,000.
(d) $2,000,000. part of $21,000,000.

(B) (a) $80,000,000.
(b) $80,000,000.

(B) (c) $2,000,000. part of $50,000,000.
(d) $2,000,000. part of $50,000,000.

This endorsement to take effect on the 21st day of May 1979. All other items and conditions remain unchanged.

Attached to and forming part of Policy No. 927856 of FIRST STATE INSURANCE COMPANY.

Issued to: International Business Machines, Inc.

5-30-79 gp

The company located these documents in its business records. At this time, the company does not certify that these documents constitute a complete and accurate copy of the policy.