# Endorsement

**ENDT. #1**

**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.**

**Policy No.:** GL063475C5-C1  
**Eff. Date of Pol.:**  
**Exp. Date of Pol.:**  
**Eff. Date of End.:**  
**Agency No.:**  
**Advt. Prem.:**  
**Return Prem.:**  

**Named Insured:** INTERNATIONAL BUSINESS MACHINE CORP.

**Address (including ZIP Code):**

**This endorsement modifies insurance provided by the following:**
- COMMERCIAL GENERAL LIABILITY

**NAMED INSURED**

INTERNATIONAL BUSINESS MACHINES CORPORATION  
IBM WORLD TRADE CORPORATION  
IBM WORLD TRADE EUROPE/MIDDLE EAST/AFRICA CORPORATION AND  
IBM WORLD TRADE AMERICAS/FAR EAST CORPORATION/IBM CREDIT  
CORPORATION AND ANY OTHER SUBSIDIARY OR AFFILIATED  
CORPORATION 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 AND ANY EMPLOYEE ASSOCIATIONS  
THEREOF AND MEMBERS OF EMPLOYEE ASSOCIATIONS.

**IT IS AGREED THAT THE PERSONS INSURED PROVISION IS AMENDED TO AUTOMATICALLY INCLUDE AS AN INSURED ALL JOINT VENTURES AND/OR PARTNERSHIPS, BUT ONLY AS RESPECT THE INTEREST OF THE NAMED INSURED.**

**THE POLICY SHALL INCLUDE AS AN ADDITIONAL INSURED ALL THOSE PERSONS OR ENTITIES TO WHOM THE NAMED INSURED HAS AGREED TO PROVIDE SUCH PROTECTION.**

**Countersigned:**

**Authorized Representative**

**U-GL-113-B CW (4-89)**

**Z 006741**