# NON-PREMIUM ENDORSEMENT

**Issued by:** City Insurance Company

**POLICY NUMBER:** HEC 9 82 65 32

**NAMED INSURED:** International Business Machines Corp., Etal

**EFFECTIVE DATE AND TIME OF ENDORSEMENT:** 5-21-80

**DATE PREPAID:** 6-2-80

**OWNER:** Johnson & Higgins

**POLICY NUMBER:** 50138-081

**ENDORSEMENT NO.:**

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

## NAMED INSURED

International Business Machines Corporation, IBM World Trade Corporation, IBM World Trade Europe/Middle East/Africa Corporation and IBM World Trade Americas/Far East Corporation and Science Research Associates, Incorporated and any other Subsidiary or Affiliated Corporation provided such other Subsidiary or Affiliated Corporation warrants that its under the same operative and financial control through the identity of its Officers, Directors or Stockholders and any Employee Associations thereof.

It is also agreed that the Joint Venture known as 425 Market Street Associates is also included but only as respects the interest of International Business Machines Corporation.

Market Street Associates of St. Louis

Discovision Associates

Satellite Business Systems

**SIGNATURE OF AUTHORIZED REPRESENTATIVE:**