# ENDORSEMENT

**#3**

This endorsement, effective 12:01 A.M. July 1, 1971, is a partial policy No. CE 269 19 29 issued to International Business Machines Corp., Real by American Home Assurance Company.

Notwithstanding the fact that this policy is excess over limits and coverages afforded by various underlying policies, the limit of the Company's Liability shall not exceed $8,000,000 as a result of any single accident or occurrence or series of occurrences attributable to a common cause.

It is also understood and agreed that the annual aggregate limit under the policy to which this endorsement is attached shall not exceed a combined total limit of liability of $8,000,000 during any annual period.