# NON-PREMIUM ENDORSEMENT

**Issued by:** City Insurance Company

**Policy Number:** HEC 9 82 65 33

**Effective Date and Time of Endorsement:** 5-21-80

**Date Prepared:** 7-24-80

**Product:** Johnson & Higgins

**Named Insured:** International Business Machines Corp.

**Producer No.:** 50138-031

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

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**NAMED INSURED**

International Business Machines Corporation, IBM World Trade Corporation, IBM World Trade Europe/Middle East/Africa Corporation and IBM World Trade Americas/Far East Corporation, and Science Research Associates, Incorporated and any other Subsidiary or Affiliated Corporation provided such other Subsidiary or Affiliated Corporation warrants that its under the same operative and financial control through the idea of its Officers, Directors or Stockholders and any Employee Associations thereof.

It is also agreed that the following Joint Ventures &/or partnerships are included as named insureds but only as the interest of IBM, Market Street Associates of St. Louis, Discovision Associates, Satellite Business Systems, 425 Street Associates, 2345 Grand Ave, Kansas City Condominium.

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**Signature of Authorized Representative:**