**ENDORSEMENT No. 2**

IT IS AGREED THAT THE POLICY PREMIUM CONTAINS A PREMIUM CHARGE OF $113.79 PAYABLE IN CANADIAN CURRENCY WITH RESPECT TO OPERATIONS CARRIED ON IN THE DOMINION OF CANADA AND THAT CLAIMS ARISING OUT OF OPERATIONS IN CANADA SHALL ALSO BE PAID IN CANADIAN CURRENCY.

On account of the foregoing, the additional premium is $ . the return premium is $ .

This endorsement shall not be binding upon the company unless countersigned by a duly authorized representative of the company. This endorsement forms a part of the designated policy and applies, unless otherwise stated herein, as of the effective time and date of such policy.

Policy No. LX 1648 Issued to INTERNATIONAL BUSINESS MACHINES CORP. BY THE FIDELITY AND CASUALTY COMPANY OF NEW YORK Effective JANUARY 26, 1965 at 12:01 A.M. (DAYS) COUNTERSIGNED BY L. DeMasi AUTHORIZED REPRESENTATIVE

BRANCH OFFICE AGENT OR GENERAL AGENT BROKER (ADDRESS)

ACCOUNTING PREMIUMS BY COMMISSION RATE > PRINTED IN U.S.