# ENDORSEMENT NO. 2

**EFFECTIVE:** 5-21-76

## CANCELLATION FOR NON-PAYMENT OF PREMIUM

IT IS AGREED THAT IRRESPECTIVE OF ANY OTHER TERMS OR CONDITIONS CONTAINED IN THIS POLICY OR ENDORSEMENTS ATTACHED THERETO, THIS POLICY MAY BE CANCELLED BY THE COMPANY, OR BY SAYRE & TOSO, INC., IN THEIR BEHALF, FOR NON-PAYMENT OF ANY UNPAID PORTION OF THE PREMIUM BY DELIVERING TO THE INSURED OR BY SENDING TO THE INSURED BY MAIL, REGISTERED OR UNREGISTERED, AT THE INSURED'S ADDRESS AS SHOWN HEREIN, NOT LESS THAN TEN DAYS' WRITTEN NOTICE STATING WHEN THE CANCELLATION SHALL BE EFFECTIVE.

ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.

ATTACHED TO AND FORMING PART OF POLICY NO. M832000 OF THE MISSION INSURANCE COMPANY

ISSUED TO: INTERNATIONAL BUSINESS MACHINES, CORPORATION

DATED AT: NEW YORK, NEW YORK

DATE: JUNE 14, 1976

SAYRE & TOSO, INC.