# ENDORSEMENT #4

In consideration of the premium charged, it is agreed that Item 2, Limit of Liability - Underlying Limits of the Insurance Agreements is as follows:

(A) (a) $19,000,000.
(b) $19,000,000.

(A) (c) $2,000,000. part of $21,000,000.
(d) $2,000,000. part of $21,000,000.

(B) (a) $80,000,000.
(b) $80,000,000.

(B) (c) $2,000,000. part of $50,000,000.
(d) $2,000,000. part of $50,000,000.

This endorsement to take effect on the 21st day of May 1980. All other items and conditions remain unchanged.

Attached to and forming part of Policy No. 929109 of FIRST STATE INSURANCE COMPANY.

Issued to: International Business Machines, Inc., et al

4-14-80
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