# EXCESS LIABILITY POLICY

## CHANGE ENDORSEMENT - NUMBER 1

- **LICY NUMBER:** XOM-000-9521-3203
- **INSURED:** INTERNATIONAL BUSINESS MACHINES CORPORATION, IBM WORLD TRADE CORPORATION, IBM WORLD TRADE EUROPE/ MIDDLE EAST/
- **PRODUCER:** JOHNSON & HIGGINS
- **PRODUCER CODE:** 31 548 456 08

**EFFECTIVE DATE:** 05/21/1994

The schedule of Underlying Insurance is changed as follows:

| ITEM | Policy No: |
|------|-------------|
| 2    | 01XN24235295SCA |
| 3    | 7966-56-84 (95) |
| 4    | RHA007838     |
| 5    | 7FSJEX-218T033-A94 |
| 6    | KA0000410     |
| 7    | 7908-98-98 (95) |
| 8    | 01XN23410906SCA |
| 9    | 5044199      |
| 10   | NEA0109021    |
| 11   | HXLC113691    |

Countersignature of Authorized Agent:
Signature: Thomas A. Johnson
President
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