# NON-PREMIUM ENDORSEMENT

| Date Prepared | Endorsement No. |
| --- | --- |
| 06-08-94 alm | 3 |

**Issued By**

- The Home Insurance Company
- City Insurance Company
- The Home Indemnity Company
- The Home Insurance Company of Indiana

**Policy Number:** HXLC 113691  
**Certificate Number:**  
**Named Insured:** International Business Machine Corp.

**Producer:** Johnson & Higgins  
**Producer No.:** OPC 50138-081  

**Inception (Month-Day-Year):** 05-21-94  
**Expiration (Month-Day-Year):** 05-21-95  
**Effective Date & Time of Endorsement:** 05-21-94

It is agreed that this policy is hereby amended as indicated. All other terms and conditions of this policy remain unchanged.

## ABSOLUTE ASBESTOS EXCLUSION

This policy shall not apply to Ultimate Net Loss arising out of or in connection with:

1. Asbestos or asbestos-related material(s), regardless of whether used, manufactured, sold, handled, maintained, repaired, removed, disposed of, transported, distributed, installed by, or in any way connected with the Insured; or
2. The existence of asbestos in any goods, products, materials, storage devices, containers, wrappings, packaging, warehouses, buildings, or other structures of any kind, or any part thereof; or
3. Any goods or products which are damaged, contaminated or otherwise affected by asbestos or any asbestos-related material(s); or
4. Asbestos abatement activities, including clean-up, repair, or any other corrective measures which are occasioned by the existence of asbestos in any land, soil, water or watercourses, the atmosphere and/or building(s), whether voluntarily undertaken or required by any governmental body or other entity to eliminate asbestos.

All other terms and conditions remain unchanged.

**Signature of Authorized Representative**

H22300 FH (W.S.) Rev. 11/81