# ENDORSEMENT #1

It is hereby understood and agreed that the Named Insured is to read as follows:

International Business Machines Corporation, I.B.M.
World Trade Corporation, IBM World Trade Europe/
Middle East/Africa Corporation and IBM World Trade Americas/Far East Corporation, IBM Credit Corporation, Rolm Corporation, and Science Research Associates, Inc. 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 also agreed that all joint ventures and/or partnerships are included as insureds, but only as respects the interest of the Named Insured.

This endorsement to take effect on the 21st day of May, 1985. All other items and conditions remain unchanged.

Attached to and forming part of Policy No. EG 000129 of NEW ENGLAND INSURANCE COMPANY.

Issued to: International Business Machines Corporation, Et al
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The company located these documents in its business records. At this time, the company does not certify that these documents constitute a complete and accurate copy of the policy.