**Johnson & Higgins**

**Policy No:** 88-26-230  
**Eff Date of Pol:** 1-1-76  
**Eff Date of End:** 1-1-76  
**Agency No.:** 50-515-810  
**Add'l Premium:** $ NTI  
**Return Premium:** $ NTI  

**Named Insured:** INTERNATIONAL BUSINESS MACHINES CORP.

This endorsement is issued by that company named below which is the insurer under the policy designated above issued to the Named Insured and forms a part of said policy as of the effective date hereof, at the hour stated in the policy Declarations.

**IN CONSIDERATION OF THE PREMIUM CHARGED IT IS AGREED THAT COVERAGE PART "PERSONAL INJURY LIABILITY INSURANCE" IS AMENDED TO DELETE EXCLUSIONS "A" AND "C".**

**45 tak 3-10-77 WN228A**

**ZURICH INSURANCE COMPANY**
**AMERICAN GUARANTEE AND LIABILITY INSURANCE COMPANY**

**Duly authorized agent**