This endorsement, effective [date], forms part of Policy No. E16-8154-005 issued to EFFECTIVE FROM INCEPTION DATE OF POLICY by the insurance company indicated below by an "X".

THE EMPLOYERS' LIABILITY ASSURANCE CORPORATION, LTD.
AMERICAN EMPLOYERS' INSURANCE COMPANY
THE EMPLOYERS' FIRE INSURANCE COMPANY
THE NORTHERN ASSURANCE COMPANY OF AMERICA

It is agreed that the Insured is amended to read as follows:

International Business Machines Corporation,
I.B.M. World Trade Corporation, The Service Bureau Corporation and any other subsidiary or affiliated corporation of each provided such other subsidiary or affiliated corporation warrants that it is under the same operative and financial control through the identity of its officers, directors or stockholders.

Countersigned by [signature]
Authorized Representative
End. #1

G8010-1 (N)