# Endorsement 24

**Replacing Endorsement 23 Page 1**

| POLICY NO. | EFF. DATE OF POL. | EFF. DATE OF END | AGENCY NO. | ADD'L PREMIUM | RETURN PREMIUM |
|------------|-------------------|------------------|------------|---------------|----------------|
| 58 26 230  | 1-1-77            | 1-1-77           | 30-313     | $ 5278.       | $                |

**Named Insured:** International Business Machines Corp., Et al

This endorsement is issued by the 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.

## Data Processors Errors and Omissions Declaration

### 1) Name and Address of Insured:
- **I.B.M. World Trade Corporation**
- **821 United Nations Plaza**
- **New York, New York**

### 2) Limits of Liability:
A) It is agreed that from the total amount of each separately adjusted loss which the Insured shall become legally obligated to pay as damages the sum of 25,000 shall be deducted and the Company shall be liable only for the difference between such deductible amount and the limits of the Company's liability for any one loss or casualty as stated in the endorsement.
B) The maximum liability of the Company for loss or casualty is limited to the following amounts: 1,000,000. any one loss or 2,000,000. Aggregate of such losses during any one term for which coverage is provided by this endorsement.

### 3) Premium Flat Charge $5278.00
It is agreed that the Insured, named in the declarations made a part thereof, in consideration of the payment of the premium and in reliance upon the statements in the declarations and subjects to the limits of liability exclusions, conditions and other terms of this endorsement, and exclusion and conditions of the policy, unless otherwise stated herein.

### 4) It is further agreed that this endorsement expires 1-14-77.

**Johnson & Higgins**
**HD:AM**  
**6-10-77**

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

**Countersigned:**  
**Vito P. Nigro**  
**Authorized agent:**  
**Glenn R. Harvey**