**MISSION RE MANAGEMENT CORP.**

HOME OFFICE • NEW YORK, N.Y.
managing General Agents for
MISSION INSURANCE COMPANY
LOS ANGELES, CALIFORNIA
(Herein called the Reinsurer)

**COMPANY'S POLICY NUMBER** 9910310, CE 3640492
**ENDORSEMENT EFFECTIVE** 5/21/80

**Attention:** Mr. Leon Gonzalez
**ISSUED TO:** NATIONAL UNION FIRE INSURANCE CO. OF PITTSBURGH, PA., AMERICAN HOME INS. CO.
C/O: NATIONAL FACULTATIVE SERVICES
**INSURED'S NAME** INTERNATIONAL BUSINESS MACHINE CORP.

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**INTERMEDIARY CLAUSE ENDORSEMENT**

It is agreed that the Intermediary designated on the face of the Certificate to which this Endorsement is attached is hereby recognized as the Intermediary negotiating this Agreement for all business hereunder. All communications (including, but not limited to, notices, statements, premiums, return premiums, commissions, taxes, losses, loss adjustment expense, salvages and loss settlements) relating hereto shall be transmitted to the Company or the Reinsurer through the office of the Intermediary. Payments by the Company to the Intermediary shall be deemed to constitute payment to the Reinsurer. Payments by the Reinsurer to the Intermediary shall be deemed only to constitute payment to the Company to the extent that such payments are actually received by the Company.

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**DATE OF ISSUE** 10/20/80

**COUNTERSIGNED BY:** John T. Chamberlain
**Casualty Underwriter**
**Belmont H. Decker**
**PRESIDENT**

All other terms and conditions of this certificate remain unchanged.
IN WITNESS WHEREOF, the MISSION INSURANCE COMPANY has caused this endorsement to be signed by its President and a duly authorized representative.

R10011N
ORIGINAL
(New 3-80)