# Zurich-American Insurance Companies

## Endorsement

**ENDT. #34**

| Policy No. | Eff. Date of Pol. | Exp. Date of Pol. | Eff. Date of End | Agency No. | Add'l Premium $ | Return Premium $ |
|------------|-------------------|-------------------|------------------|------------|-----------------|------------------|
| CGL 3278678-01 | | | | | | |

**Named Insured:** INTERNATIONAL BUSINESS MACHINES CORP. ETAL  
**Address (including Zip Code):** 

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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.

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This endorsement changes such insurance as is afforded by provisions of the policy relating to the following:

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**IT IS AGREED THAT THE PREMIUM FOR THE POLICY PERIOD 5/21/85 TO 5/21/86 SHALL BE AMOUNTED AS FOLLOWS:**

| ESTIMATED PAYROLL | RATES PER $1000 OF PAYROLL | PREMIUM |
|-------------------|----------------------------|---------|
| 9,900,000,000     | $.3387                     | $3,353,565 |
|                   |                            | 3,353,130 |

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**JOHNSON & HIGGINS**

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Countersigned:  
Authorized Representative

U-GL-113-A (7-81 ed.)

MM 009725