# ENDORSEMENT #2

**Additional Premium:** [Not specified]

**Return Premium:** [Not specified]

**Effective on and after:** May 21, 1970, 12:01 A.M., Standard Time

**This endorsement forms part of policy No.:** XS 2193

**Expiration Date:** May 21, 1973

**Issued to:** International Business Machines Corporation

**By:** United States Fire Insurance Company

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**It is agreed that Item #2 of the declarations is as follows:**

**Item #2 Underlying Insurance -**

a) $73,500,000. Umbrella personal injury, property damage and advertisers liability, which in turn is excess of -

b) The amount recoverable under underlying insurance as set out in a schedule attached to Continental Casualty Umbrella Excess Third Party Liability Policy or any renewal or replacement thereof or $25,000. "Ultimate Net Loss", as more fully defined in Continental Casualty policy, in respect of each occurrence not covered by said underlying insurance.

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All other terms and conditions of this policy remain unchanged.