# ENDORSEMENT

It is hereby understood and agreed that in consideration of an Additional Premium of $1,000., (being $968. U.S. Funds and $32. Canadian Funds) this policy is extended subject to all of its terms and conditions to expire May 21, 1981, 12:01 A.M. Standard Time.

ALL OTHER TERMS AND CONDITIONS REMAINING UNCHANGED.

COPY

Attached to and forming part of policy number MMO-70303 of the Employers Mutual Casualty Company issued to International Business Machines Corporation Mutual Marine Office, Inc. Date: May 6, 1980