**Gibraltar Casualty Company**

**"Endorsement"**

All material Casualty Coverage (hereinafter referred to as "the policy"), pursuant to the provisions of Regulation 10, promulgated by the New York Superintendent of Insurance (N.Y. INSUR. L. § 275, et seq.), by issuance of this policy hereby constitutes and appoints the Superintendent of Insurance of the State of New York, his or her successor in the office and his or her authorized agent, as the lawful attorney-in-fact for all lawful purposes to whom all lawful power may be granted to any action, suit, or proceeding instituted in this state upon or on behalf of the insured or any beneficiary thereof under the policy arising out of this policy of insurance."

It is understood and agreed that this policy is not amended or modified. All other terms and conditions remain unchanged.

**Name of Insured:** International Business Machines

**Producer:** Stewart Smith East, Inc. c/o Johnson & Higgins

**Effective Date:** May 21, 1979

**D. Allen & Company, Inc., Underwriting Manager**