# ENDORSEMENT #5

It is agreed that this policy shall not apply to any coverage extended or liability assumed via a broad-as-primary, liberalization, dropdown or other provision of the primary umbrella policy which amends the primary umbrella policy terms and conditions to those of any primary policy.

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
6-17-85/bw

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.