# Zurich-American Insurance Companies

## Endorsement #1

**This endorsement changes the policy. Please read it carefully.**

| Policy No. | Eff. Date of Pol. | Exp. Date of Pol. | Eff. Date of End | Agency No. | Add'l Premium | Return Premium |
|------------|-------------------|------------------|-----------------|------------|---------------|----------------|
| OGL 32 78 678 | 5/21/84 | 5/21/89 | 5/21/84 | 50-515-810 | $ | $ |

**This endorsement is issued by the company named in the Declarations. It changes the policy on the effective date listed above at the hour stated in the Declarations.**

**Named Insured:** INTERNATIONAL BUSINESS MACHINES CORP.

**Address (including Zip Code):** ARMONK, N.Y. 10504

**This endorsement changes such insurance as is afforded by provisions of the policy relating to the following:**

**COMPREHENSIVE GENERAL LIABILITY**

### 1. NAMED INSURED

INTERNATIONAL BUSINESS MACHINES CORPORATION
IBM WORLD TRADE CORPORATION
IBM WORLD TRADE EUROPE/MIDDLE EAST/AFRICA CORPORATION
AND IBM WORLD TRADE AMERICAS/FAR EAST CORPORATION/IBM CREDIT CORPORATION
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 MEMBERS OF EMPLOYEE ASSOCIATIONS.

IT IS AGREED THAT THE PERSONS INSURED PROVISION IS AMENDED TO AUTOMATICALLY INCLUDE AS AN INSURED ALL JOINT VENTURES AND/OR PARTNERSHIPS, BUT ONLY AS RESPECT THE INTEREST OF THE NAMED INSURED.

### 2. THE POLICY SHALL INCLUDE AS AN INSURED ALL PERSONS OR EMPLOYEES OF THE NAMED INSURED SERVING TO PROVIDE SUCH PROTECTION.

### 3. SUCH INSURANCE AS IS AFFORDED BY THE POLICY SHALL EXTEND TO INCLUDE THE EMPLOYEES AS NAMED INSURED, BUT ONLY WHILE ACTING WITHIN THE SCOPE OF THEIR EMPLOYMENT.

**Countersigned:**

**Authorized Representative**

**U-CA-161-A (7-81 ed)**