# ENDORSEMENT

Effective November 7, 1979, it is hereby understood and agreed that the following Joint Venture is added as a Named Assured:

2345 Grand Avenue Kansas City Condominium.

Joint Venture, but only to the extent of International Business Machine's interest therein.

ALL OTHER TERMS AND CONDITIONS REMAINING UNCHANGED

Attached to and forming part of policy number MMO - 70303 of the EMPLOYERS MUTUAL CASUALTY COMPANY issued to INTERNATIONAL BUSINESS MACHINES MUTUAL MARINE OFFICE, INC.

Date: 11/13/79