# THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

## ENDORSEMENT #1

This endorsement, effective 12:01 A.M. 01/01/95 forms a part of Policy No. RM GL 121-06-98 issued to International Business Machines Corporation By NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA.

## COMPOSITE RATING PLAN PREMIUM ENDORSEMENT

It is agreed that the premium for the policy to which this endorsement is attached shall be computed upon a composite basis in accordance with the Company's rules, rates, rating plans, premium and minimum premiums and the other terms of the policy.

When used as a premium basis:

### COMMERCIAL GENERAL LIABILITY INSURANCE

Rates and Premiums for the first $5,000,000

| Estimated Sales | Composite Rate Per 1000 of Sales | Total Estimated Annual Premium | Deposit Premium |
|-----------------|----------------------------------|--------------------------------|----------------|
| BI             | FLAT                             | FLAT                           | BI             |
| PD             | INCL.                            | INCL.                          | PD             |
| 23,400,000,000 | FLAT                             | FLAT                           | $325,071       | INCL.          |

**AUTHORIZED REPRESENTATIVE**

Issue Date: 3/30/95