# THE CHUBB COMMERCIAL EXCESS

## Endorsement

- **Policy Period:** MAY 21, 1997 to MAY 21, 1998
- **Effective Date:** May 21, 1997
- **Policy Number:** (98) 7908-98-98 CAS
- **Insured:** INTERNATIONAL BUSINESS MACHINES CORP., ETAL (AS PER CONTROLLING U/L INSURANCE)
- **Name of Company:** VIGILANT INSURANCE COMPANY
- **Date Issued:** June 5, 1997

## Endorsement Limits of Insurance Amendment

**THIS POLICY IS SUBJECT TO THE FOLLOWING ENDORSEMENT**

On the Declarations, "Item 4", "Limits of Insurance" is deleted and replaced by the following:

### Limits of Insurance (Item 4)

The lesser of 27% of loss or:
- **Each Occurrence:** $15,000,000.
- **Products Completed Operations Aggregate:** $15,000,000.
- **Other Aggregate (where applicable):** $15,000,000.

Part of:
- **Each Occurrence:** $55,000,000.
- **Products Completed Operations Aggregate:** $55,000,000.
- **Aggregate (where applicable):** $55,000,000.

All other terms and conditions remain unchanged.

**Authorized Representative:** [Signature]
**Date:** June 5, 1997

**Limits of Insurance Amendment**
Form 07-02-0917 (Ed. 9/92) Endorsement
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