| POLICY NO. | EFF. DATE OF POL | EFF. DATE OF END | AGENCY NO. | ADD'L PREMIUM | RETURN PREMIUM |
| --- | --- | --- | --- | --- | --- |
| 89-33-963 | 5-21-80 | 5-21-80 | 50-515 | $ | $ |

**Named Insured:** INTERNATIONAL BUSINESS MACHINES CORP., ETAL

This endorsement is issued by that company named below which is the insurer under the policy designated above issued to the Named Insured and forms a part of said policy as if the effective date hereof, at the hour stated in the policy Declarations.

IT IS UNDERSTOOD AND AGREED THAT THE PARAGRAPH 5, OTHER INSURANCE OF PART V-CONDITIONS IS AMENDED IN PART TO READ:

5. OTHER INSURANCE.

"This condition does not apply with respect to the underlying insurance, quota-share insurance or excess insurance purchased specifically to be in excess of this policy."

ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.

JOHNSON & HIGGINS<br> BV:TM 7-31-80<br> CASUALTY DEPT.<br> ZURICH INSURANCE COMPANY<br> AMERICAN GUARANTEE AND LIABILITY INSURANCE COMPANY

Countersigned: **Wilfred Franc**<br> Authorized Agent

U-GU-116-G REV 11-78