# Northbrook Insurance Company
Northbrook, Illinois

## Endorsement

**Named Insured:** International Business Machine Corporation
**Policy No.:** 63 003 053
**Endorsement No.:** 7

In consideration of the premium charged, it was agreed that coverage provided under this policy shall not apply to the subsidiary 425 Market St. Associates.

This endorsement to take effect on the 21 day of May 1977. All other terms and conditions remain unchanged.

Countersigned: May 19, 1977
Authorized Representative