# ENDORSEMENT #0015

**THIS ENDORSEMENT, EFFECTIVE 12:01 A.M. MAY 21, 1993**

**FORMS A PART OF POLICY NO. BE 308-61-20**

**ISSUED TO:** INTERNATIONAL BUSINESS MACHINES CORPORATION

**BY:** NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA.

## FINANCIAL INSTITUTIONS ENDORSEMENT

2. INTEREST OR DIVIDEND DISBURSING AGENT, PAYING AGENT, FISCAL AGENT, TRANSFER AGENT, REGISTRAR, AGENT FOR VOTING TRUSTEES, WARRANTS AGENT, DEPOSITORY, OR AGENT FOR A COMMITTEE OF HOLDERS OF STOCK OR SECURITIES, ESCROW AGENT OR IN ANY SIMILAR TRUST CAPACITY, INCLUDING TRUSTEE UNDER A CORPORATE BOND INDENTURE, A SINKING FUND AGENT OR RECEIVER OR TRUSTEE APPOINTED BY ANY COURT IN RECEIVERSHIP, BANKRUPTCY OR REORGANIZATION PROCEEDINGS.

ALL OTHER TERMS AND CONDITIONS OF THIS POLICY REMAIN UNCHANGED.

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**AUTHORIZED REPRESENTATIVE**

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**INSURED'S COPY**