**ENDORSEMENT**

**SUED BY:**

**American Excess Insurance Company**

*Wilmington, Delaware*
*ONE LIBERTY PLAZA 91 LIBERTY STREET*
*NEW YORK, NY 10006*

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**Johnson and Higgins**
*95 Wall Street*
*New York, New York 10003*

**ATTENTION:** Mr. Richard Michel

**INTERNATIONAL BUSINESS MACHINES CORPORATION**
*(HEREIN CALLED THE INSURED)*

**EUL-5001920** **5-21-79** **2** **FROM 5-21-79 TO 5-21-80** **NIL**

**CERTIFICATE OR CONTRACT PERIOD**

| ADDITIONAL RETURN PREMIUM | CHANGE IN FUTURE INSTALLMENTS INCREASE OR DECREASE | AMENDED FUTURE INSTALLMENT |
|--------------------------|------------------------------------------------------|----------------------------|
| NIL                      |                                                       |                            |

**NEW YORK STATE AMENDATORY ENDORSEMENT**

It is hereby understood and agreed that General Condition 9 - "Service of Suit" - of this Certificate is deleted with respect to such insurance as is afforded by this Certificate for operations in the state of New York.

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Nothing herein contained shall alter, vary or extend any provision or condition of the Certificate or Contract to which this endorsement is attached other than as above stated.

**5/22/79 /cs DATE**

**ORIGINAL COPY**

**Countersigned by Robert Tyler AUTHORIZED REPRESENTATIVE**

**Printed in U.S.A.**