# Non-Premium Endorsement

**Endorsement No.: 3**

**Issued by:**
- ☑️ THE HOME INSURANCE COMPANY
- ☐ THE HOME INDEMNITY COMPANY

**Policy Number:** HRC 9 79 13 34
**Named Insured:** International Business Machines Corporation
**Date Prepared:** 1-20-70
**Effective Date and Time of Endorsement:** 1-1-70
**Producer No.:** 50138-081
**Product:** Johnson & Higgins

It is agreed that this policy is hereby amended as indicated. All other terms and conditions of this policy remain unchanged.

"In the event of reduction or exhaustion of the aggregate limit or limits designated in the underlying policy or policies solely by payment of losses in respect to accidents or occurrences during the period of such underlying policy or policies, it is hereby understood and agreed that such insurance as is afforded by this policy shall apply in excess of the reduced underlying limit or, if such limit is exhausted, shall apply as underlying insurance, notwithstanding anything to the contrary in the term and conditions of this policy."

**Signature of Authorized Representative:**
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[Signature]
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**Form No.:** 22301 D 6-66 213