# ENDORSEMENT 1

This endorsement, effective 17:01 A.M., MAY 21, 1985 forms part of policy No. 961 OF 02 issued to INTERNATIONAL BUSINESS MACHINES CORP.

by NATIONAL UNION FIRE INSURANCE COMPANY

IT IS UNDERSTOOD AND AGREED THAT ITEM 1 OF THE DECLARATIONS, NAMED INSURED, IS HEREBY AMENDED TO READ AS FOLLOWS:

INTERNATIONAL BUSINESS MACHINES CORPORATION, I.B.M. WORLD TRADE CORPORATION, IBM WORLD TRADE EURP/MIDDLE EAST AFRICA CORPORATION AND IBM WORLD TRADE AMERICAS/FAR EAST CORPORATION AND SCIENCE RESEARCH ASSOCIATES, INC., AND ANY OTHER SUBSIDIARY OR AFFILIATED CORPORATION ON PROVIDED SUCH OTHER SUBSIDIARY OR AFFILIATED CORPORATION WARRANTS THAT IS UNDER THE SAME OPERATIVE AND FINANCIAL CONTROL THROUGH THE INDENTITY OF ITS OFFICERS, DIRECTORS OF STOCKHOLDER AND EMPLOYEE ASSOCIATIONS THEREOF.

IT IS ALSO AGREED THAT THE FOLLOWING JOINT VENTURE AND/OR PARTNERSHIPS ARE INCLUDED AS NAMED INSURED, BUT ONLY AS RESPECTS THE INTEREST OF INTERNATIONAL BUSINESS MACHINES CORPORATIONS:

1. MARKET STREET ASSOCIATES OF ST. LOUI
2. DISCOVISION ASSOCIATES
3. SATELLITE BUSINESS SYSTEMS
4. 125 MARKET STREET ASSOCIATES (SAN FRAN'ISCO)
5. 1745 GRAND AVENUE KANSAS CITY CONDOMINIUM
6. GREENWICH LIBERTY LIMITED PARTNERSHIP
7. GREENWICH LIBERTY 1983 LIMITED PARTNERSHIP
8. GREENWICH G.H.L. LIMITED PARTNERSHIP
9. COMPUTER SYSTEMS LEASING LIMITED

ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.

DECEMBER 12, 1985:EZ

AUTHORIZED REPRESENTATIVE