**Page 2**

Mr. James Conerty  
International Business Machines

**Endorsement 13 - AEIA Conversion Endorsement:** This endorsement addresses the following as respects the layer $100,000,000 xs $245,000,000 (previously AEIA layer).

1) Automatic 60 day extended reporting period in the event of not renewing or not purchasing Coverage B.
2) Coverage available for joint ventures.
3) No coverage in respect of known losses.
4) No coverage in respect to any Occurrence including any Integrated Occurrence reported prior to the May 21, 1997 effective date of this endorsement.

**Endorsement 14 - Pollution Exclusion Amendment Endorsement (II):** This Endorsement amends the pollution exclusion wording to provide Blended Pollution coverage and expands the awareness/reporting time element from 7/40 to 20/80, effective May 21, 1997.

**Endorsement 15 - Designation of Limits Endorsement:** This endorsement outlines the mechanics of the policy in the event that an Integrated Occurrence is reported in a period subsequent to the first notice of Occurrence.

**Endorsement 16 - Reinstatement Premium Amendment Endorsement:** This Endorsement amends the policy wording to provide a partial reimbursement of the Reinstatement Premium under certain circumstances, effective May 21, 1997.

We have reviewed the enclosed documentation and trust you will find it to be in good order; however, should you have any questions please do not hesitate to contact Donnette Caisey or myself at 441-297-9781 or 441-299-8802, respectively.

Sincerely,

Kayla Bridgewater  
Administrative Broker

Encl.

cc: Greg Doherty - J&H New York (w/Encl.)  
V. Donnette Caisey - J&H Intermediaries