# ENDORSEMENT #2

**This endorsement, effective 12:01 A.M., 05/21/86**

**forms a part of**

**policy No. 552 8820 issued to International Business Machines**

**by Lexington Insurance Company**

## PROFESSIONAL LIABILITY EXCLUSION

It is agreed that this policy shall not apply to liability arising out of the rendering of or failure to render professional services, or any error or omission, malpractice or mistake of a professional nature committed by or on behalf of the "insured" in the conduct of any of the "insured's" business activities.

**AUTHORIZED REPRESENTATIVE**

LEX-CME-094
(Ed. 03/86)