# Schedule of Underlying Insurance

It is hereby understood and agreed that Item #7 of the Declarations, Schedule of underlying Insurance, is amended to read as follows:

- **2,000,000 Ex Primary**
  - Centennial - 2,000,000
- **8,000,000 Ex 2,000,000**
  - National Union - 8,000,000
- **9,000,000 Ex 20,000,000**
  - Northbrook - 9,000,000
- **21,000,000 Ex 19,000,000**
  - National Union - 5,000,000
  - Federal - 5,000,000
  - A.I.U. - 5,000,000
  - Employers Mutual - 4,000,000
  - First State - 2,000,000

It is further understood and agreed that Item #3, Limit of Liability, and Item #4, Underlying Insurance Limit of Liability, are amended to the following:

- **ITEM 3 - LIMIT OF LIABILITY**
  - $10,000,000 Each Occurrence P/O 40%
  - $10,000,000 Aggregate Where Applicable

- **ITEM 4 - UNDERLYING INSURANCE LIMIT OF LIABILITY**
  - $40,000,000 Each Occurrence
  - $40,000,000 Aggregate Where Applicable

**POLICY NUMBER:** XLX 137 03 50  
**INSURED:** INTERNATIONAL BUSINESS MACHINES CORP. ETAL.  
**PRODUCER:** FIREMAN'S FUND INSURANCE COMPANY, THE AMERICAN INSURANCE COMPANY, NATIONAL SURETY CORPORATION, ASSOCIATED INDEMNITY CORPORATION, AMERICAN AUTOMOBILE INSURANCE COMPANY  
**AUTHORIZED AGENT:** [Signature]  
**DATE:** 5/1/1965