# Zurich-American Endorsement

## Policy Details
- **Policy No.:** CGL 32-73-673-04
- **Eff. Date of Pol:** 5/21/84
- **Exp. Date of Pol:** 5/21/89
- **Eff. Date of End:** 5/21/83
- **Agency No.:** 50-515-810
- **Addl Premium:** $6,150,100
- **Return Premium:** $

## Named Insured
- **International Business Machines Corp., ETAL**
- **Address (including Zip Code):** Armonk, New York 10504

## Endorsement Information
This endorsement is issued by the company designated in the Declarations which is the insurer under the above numbered policy issued to the Named Insured and forms a part of said policy as of the effective date hereof, at the hour stated in the policy Declarations.

## Changes to Insurance
This endorsement changes such insurance as is afforded by provisions of the policy relating to the following:
- Comprehensive General Liability

## Premium Agreement
It is agreed that for the period of 5/21/88 to 5/21/89 the premium is $6,150,100 and computed as follows:

- **Total Payroll:** $10,900,000,000
- **Rate per $1,000:** ($).541284
- **CA. Surcharge:** 100
- **Total Annual:** ($) 5,900,000

## Premium Payment Schedule
It is further agreed that the above premiums are payable as follows:

| Due Date | Amount ($) | CA. Surcharge (%) | Max. Excess Loss Premium ($) | Total ($) |
|----------|------------|-------------------|------------------------------|-----------|
| 5/21/88  | 60,897     | 100               | 20,833                        | 81,730    |
| 6/21/88  | 60,897     |                   | 20,833                        | 81,730    |
| 7/21/88  | 60,897     |                   | 20,833                        | 81,730    |
| 8/21/88  | 60,897     |                   | 20,833                        | 81,730    |
| 9/21/88  | 60,897     |                   | 20,833                        | 81,730    |
| 10/21/88 | 60,897     |                   | 20,833                        | 81,730    |
| 11/21/88 | 60,897     |                   | 20,833                        | 81,730    |
| 12/21/88 | 60,897     |                   | 20,833                        | 81,730    |
| 1/21/89  | 60,897     |                   | 20,833                        | 81,730    |
| 2/21/89  | 60,897     |                   | 20,833                        | 81,730    |
| 3/21/89  | 60,897     |                   | 20,833                        | 81,730    |
| 4/21/89  | 60,897     |                   | 20,833                        | 81,730    |

**Payable on Demand:**
- **Total:** $5,169,236
- **CA. Surcharge:** $250,000
- **Total:** $6,150,100

## Countersigned
- **Authorized Representative**

MM 009764