**IBM NAMED INSURED ENDORSEMENT**

**INTERNATIONAL BUSINESS MACHINES CORPORATION, IBM WORLD TRADE CORPORATION, IBM WORLD TRADE EUROPE/MIDDLE EAST/NORTH AFRICA AND IBM WORLD TRADE AMERICAS/FAR EAST CORPORATION AND SEVERAL RESEARCH ASSOCIATES, INC., 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 FOLLOWING JOINT VENTURES OR PARTNERSHIPS ARE INCLUDED AS NAMED INSUREDS, BUT ONLY AS PERMITTED BY THE INTEREST OF INTERNATIONAL BUSINESS MACHINES CORPORATION:

1) MARKET STREET ASSOCIATES OF ST. LOUIS
2) DISCOVISION ASSOCIATES
3) SATELLITE BUSINESS SYSTEMS
4) 425 MARKET STREET ASSOCIATES (SAN FRANCISCO)
5) 2345 GRAND AVENUE KANSAS CITY CONDOMINIUM

All other terms and conditions of this insurance remain unchanged.

**John J. MacNamara**
President

**Authorized Representative**