# ENDORSEMENT #1

## PREMIUM

It is understood and agreed that Item 2. of the Declarations, Premium is allocated as follows:

| Advance Premium | $200,000. |
|-----------------|-----------|
| U.S.            | $194,340. (97.17%) |
| Canada          | $5,660.   (2.83%) |

Note: All payable in U.S. currency

This endorsement to take effect on the 21st day of May 1987. All other items and conditions remain unchanged.

Attached to and forming part of Policy No. EG 001849 of NEW ENGLAND INSURANCE COMPANY.

Issued to: IBM

5/27/87

The company located these documents in its business records. At this time, the company does not certify that these documents constitute a complete and accurate copy of the policy.