# ENDORSEMENT

**Date Issued:** 03/07/94  
**Endorsement No.:** 8  

**Insured:** INTERNATIONAL BUSINESS MACHINES CORP. ETAL  
**Policy No.:** (94) 7908-98-98  

**Name of Company:** FEDERAL INSURANCE COMPANY  
**Effective Date:** 05/21/93  

**Producer:** JOHNSON & HIGGINS  

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It is agreed that Item 5A, Scheduled Underlying Insurance, of the Declarations is amended to read:

A. FIRST UNDERLYING INSURANCE  
   - **Company:** National Union  
   - **Policy No.:** BE3086120  
   - **From/To:** 5/21/93-5/21/95  
   - **Claims Made:** No  
   - **Retroactive Date:** N/A  
   - **Limits of Liability:** $25,000,000. - Each Occurrence  
   - **$25,000,000. - Aggregate**

All Other Terms and Conditions Remain Unchanged.

**MAR 08 1994**  
**Date**  
**Authorized Representative**