# ENDORSEMENT

This endorsement, effective 5/21/67 (12:01 A.M., standard time), forms a part of policy No. H E C 9 55 78 18 issued to International Business Machines Corp., etal by THE HOME INSURANCE COMPANY

**NAMED INSURED**

International Business Machines Corporation,
I.B.M. World Trade Corp., The Service Bureau Corp.
and any other subsidiary or affiliated corporation
of each provided such other subsidiary or affiliated
corporation warrants that it is under the same
operative and financial control through the identity
of its officers, directors or stockholders.

All other terms and conditions of this policy remain unchanged.

Authorized Representative
Endorsement # 1