# Endorsement Certificate

**Effective date of this endorsement:** January 1, 1967  
**Agent or Broker:** Johnson & Higgins  
**Issued to:** International Business Machines Corporation, et al.

It is agreed that Item 1, Named Insured, is completed to read:

"International Business Machines Corporation, I.B.M., World Trade Corp., The Service Bureau Corp., and any other subsidiary or affiliated corporation of each provided such other subsidiary or affiliated corporation warrants that it is under the same operative and financial control through the identity of its officers, directors or stockholders."

**Original and duplicate issued. One of which being accomplished; the other to stand null and void.**

All other terms and conditions not inconsistent herewith remain unchanged.

In Witness Whereof, the Federal Insurance Company has caused this endorsement to be signed by a duly authorized representative of the Company.

**Date of issue:** March 8, 1967  
**Countersigned by:** CHUBB & SON, L.L.C.