# Zurich-American Insurance Companies

## Endorsement #12

**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:**

**IN CONSIDERATION OF THE PREMIUM CHARGED, IT IS AGREED THAT THE INSURANCE AFFORDED BY THIS POLICY SHALL NOT APPLY WITH RESPECT TO LIABILITY ARISING OUT OF AIRCRAFT PRODUCTS HAZARD OR RELIANCE UPON ANY REPRESENTATION OR WARRANTY MADE WITH RESPECT THERETO.**

**"AIRCRAFT PRODUCTS" MEANS AIRCRAFT (INCLUDING MISSILES OR SPACECRAFT) OR ANY OTHER GOODS OR PRODUCTS MANUFACTURED, SOLD, HANDLED OR DISTRIBUTED OR SERVICES PROVIDED OR RECOMMENDED BY THE INSURED OR BY OTHERS TRADING UNDER HIS NAME FOR USE IN THE MANUFACTURE, REPAIR, OPERATION, MAINTENANCE OR USE OF ANY AIRCRAFT.**

**"AIRCRAFT PRODUCTS HAZARD LIABILITY" INCLUDES BODILY INJURY AND PROPERTY DAMAGE ARISING OUT OF THE NAMED INSURED'S AIRCRAFT PRODUCTS OR RELIANCE UPON A REPRESENTATION OR WARRANTY MADE AT ANY TIME WITH RESPECT THERETO, BUT ONLY IF THE BODILY INJURY OR PROPERTY DAMAGE OCCURS AWAY FROM PREMISES OWNED BY OR RENTED TO THE NAMED INSURED AND AFTER PHYSICAL POSSESSION OF SUCH PRODUCTS HAS BEEN RELINQUISHED TO OTHERS.**

**Countersigned:**

**Authorized Representative**