# NON-PREMIUM ENDORSEMENT

**Issued by:** City Insurance Company

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

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

**Date Prepared:** 6-2-80

**Producer:** Johnson & Higgins

**Producer No.:** 50138-081

**Endorsement No.:** 1

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

**Policy Expiration:** 5-21-81

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

## NAMED INSURED

International Business Machines Corporation, I.B.M. World Trade Corporation and any other Subsidiary or Affiliated Corporation provided such other Subsidiary or Affiliated Corporation warrants that it is under the same operative and financial control through the identity of its officers, directors or stockholders and any Employee Associations thereof.

It is also agreed that the Joint Venture known as 425 Market Street Associates is also included but only as respects the interest of International Business Machines Corporation.

1) Market Street Associates of St. Louis
2) Discovision Associates
3) Statellite Business Systems

**Signature of Authorized Representative:**