# NAMED INSURED ENDORSEMENT

IT IS UNDERSTOOD AND AGREED THAT THE NAMED INSURED, AS SHOWN ON THE POLICY DECLARATIONS, SHALL ALSO INCLUDE THE FOLLOWING:

I.B.M. WORLD TRADE CORPORATION
425 MARKET STREET ASSOCIATES
(A JOINT VENTURE) BUT ONLY AS RESPECTS THE INTEREST OF INTERNATIONAL BUSINESS MACHINES CORPORATION

THE EFFECTIVE DATE OF THIS ENDORSEMENT IS May 21, 1978 AT New York, New York
ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.
THIS ENDORSEMENT IS ATTACHED TO AND MADE A PART OF Policy Number ML 65 12 28
ISSUED TO: INTERNATIONAL BUSINESS MACHINES CORP., ETAL
BROKER/AGENT: Johnson & Higgins
ADDRESS: 95 Wall Street
New York, N.Y. 10005
DATE OF ISSUE: 5/25/78
BSI 57A