# Zurich-American Insurance Companies

## Endorsement #1
**PG: 3**

**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 $ |
|------------|-------------------|------------------|------------------|------------|-----------------|-----------------|
| CGL 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

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

**COMPREHENSIVE GENERAL LIABILITY**

**7.**

**IT IS AGREED THAT AS RESPECTS COVERAGE AFFORDED HEREUNDER, THIS POLICY IS EXTENDED TO APPLY TO [BLANK], SUBJECT TO THE FOLLOWING CONDITIONS:**

**4.** [BLANK]

**TERRITORY DEFINITIONS IS DELETED AND REPLACED BY THE FOLLOWING:**

**7. 1.**
**A)** THE COMPANY SHALL HAVE NO OBLIGATION UNDER SUPPLEMENTARY PAYMENTS, PARAGRAPH A WITH RESPECT TO ACCIDENT (S) OCCURRING OUTSIDE OF THE UNITED STATES OF AMERICA, ITS TERRITORIES OR POSSESSIONS OR CANADA, UNLESS THE CLAIM OR SUIT AGAINST THE INSURED WITH RESPECT TO ANY SUCH ACCIDENT (S) IS BROUGHT WITHIN THE UNITED STATES OF AMERICA, ITS TERRITORIES OR POSSESSIONS OR CANADA AND

**B)** WITH RESPECT TO ANY CLAIM OR SUIT BROUGHT AGAINST THE INSURED ARISING OUT OF AN ACCIDENT (S) OCCURRING OUTSIDE OF THE UNITED STATES OF AMERICA, ITS TERRITORIES, POSSESSIONS OR CANADA, THE COMPANY WILL REIMBURSE THE INSURED FOR THE AMOUNT OF ANY EXPENSES INCURRED BY THE INSURED WITH THE CONSENT OF THE COMPANY IN THE DEFENSE OF ANY SUCH SUIT AND SUCH PART OF SUCH JUDGMENT AS DOES NOT EXCEED THE LIMIT OF THE COMPANY'S LIABILITY HEREUNDER INCLUDING ALL COST TAXED AGAINST THE INSURED IN ANY SUCH SUIT AND ALL INTEREST ACCRUING AFTER ENTRY OF JUDGMENT UNTIL THE INSURED HAD PAID OR TENDERED OR DEPOSITED IN COURT SUCH PART OF SUCH JUDGMENT AS DOES NOT EXCEED THE LIMIT OF THE COMPANY'S LIABILITY HEREUNDER. IN THE EVENT THAT ANY SUCH CLAIM OR SUIT IS SETTLED OR COMPROMISED WITH THE CONSENT OF THE COMPANY, THE COMPANY WILL REIMBURSE THE INSURED FOR THE AMOUNT OF SUCH SETTLEMENT IN THE LIMITS OF THE COMPANY'S LIABILITY UNDER THE POLICY, INCLUDING THE EXPENSES INCURRED BY THE INSURED IN THE INVESTIGATIONS, NEGOTIATIONS AND SETTLEMENTS OF ANY SUCH CLAIM OR SUIT.

Countersigned:

Authorized Representative