# Endorsement # 14

**This Endorsement, Effective:** 12:01 A.M.
**MAY 21, 2000**
**Forms A Part Of**

**Policy Number:** BE 739 47 27
**Issued To:** International Business Machines Corporation

**By:** National Union Fire Insurance Company of Pittsburgh, PA.

## Joint Venture Endorsement

**Section II – Who is Insured. Last unmarked paragraph is amended to read:**

The coverage afforded by this endorsement includes the Named Insured's liability arising out of either of the following:

A) That percentage interest as defined by any joint venture, partnership agreement or limited liability company; and/or

B) The total legal liability that may arise in any manner whatsoever out of operations or existence of any joint venture, partnership agreement or limited liability company regardless of any contractual limitation as defined by A.) above.

**ALL OTHER TERMS AND CONDITIONS OF THIS POLICY REMAIN UNCHANGED.**

**Authorized Representative**

**Date**

**Notice:** These policy forms and the applicable rates are exempt from the filing requirements of the New York State Insurance Department. However, such forms and rates must meet the minimum standards of the New York Insurance Department.