**CHUBB**

**ENDORSEMENT**

**Date Issued:** cr - 06/17/85  
**Endorsement No.:** 3  
**Insured:** International Business Machines Corporation, etal  
**Policy No.:** (86) 7922-81-34  
**Name of Company:** Federal Insurance Company  
**Effective Date:** 5/21/85  
**Producer:** Johnson & Higgins

It's agreed that no coverage is affording by this policy for any satellite liability and/or satellite launching liability.

**0617.08**  
**All Other Terms and Conditions Remain Unchanged**

Form 99-02-01/5 Part (Rev. 8-71) (Formerly 1380)

**Authorized Representative:**
R-09351 (75M)