# ENDORSEMENT

**EFFECTIVE:** 5/27/80

**ISSUED TO:** INTERNATIONAL BUSINESS MACHINES, ETAL (SEE ENDIT #1)

**DATED AT:** NEW YORK, NEW YORK

**DATE:** MAY 27, 1980

**BY:** SAYRE & TOSO, INC.

**ENDORSEMENT:**

This is to amend the policy of insurance, dated May 27, 1980, issued by the Mission Insurance Company, New York, New York, to International Business Machines Corporation and all its subsidiaries and affiliates, including but not limited to, the IBM Corporation, IBM Data Systems Division, and IBM Scientific Computing and Services Division, and any other subsidiary or affiliated corporation provided such other subsidiary or affiliated corporation represents that it is under the same operation as financial control through the identity of its officers, directors, or stockholders and any employee associations thereof.

It is also agreed that the following joint ventures are included as named insureds, but only as respects the interest of International Business Machines Corporation:

1) Market Street Associates of St. Louis
2) Disclosure Associates
3) Satellite Business Systems
4) 425 Market Street Associates (San Francisco)
5) 234 Grand Avenue Kansas City Condominium

All other terms and conditions remain unchanged.

This endorsement is attached to and made a part of M858073 of the Mission Insurance Company.