# NON-PREMIUM ENDORSEMENT

**Issued by:** [Insurance Company Name]

**City Insurance Company**

**HEC 9693946**

**International Business Machines Corp.**

**5/21/78**

**Johnson & Higgins**

**8/8/78 ac**

**5038-08**

**It is agreed that the policy is hereby amended as indicated. All other terms and conditions of the policy remain unchanged.**

## Endorsement to Preclude Pyramiding of Limits

The limits of liability, for any one accident or occurrence and, where applicable, in the aggregate, as specified in Item 3. "Excess Coverage Afforded by this Policy" on the Declarations Page shall be reduced by the sum of the claims payable under this policy and the claims payable under The Home Insurance Company's Policy #HEC 9631719. These limits of Liability shall be exhausted when the sum of the claims payable under this policy and the claims payable under The Home Insurance Company's Policy #HEC 9631719 equal the dollar amounts specified in Item 3. "Excess coverage Afforded by this Policy" on the Declarations Page.

**Signature of Authorized Representative**