**ERRORS OR OMISSIONS COVERAGE ENDORSEMENT**

**ITEM 1. NAME OF INSURED:** INTERNATIONAL BUSINESS MACHINES CORP.
**ADDRESS:** ARMONK, NEW YORK

**ITEM 2. LIMITS OF LIABILITY:** THE LIMIT OF THE COMPANY'S LIABILITY SHALL BE AS STATED HEREIN, SUBJECT TO ALL THE TERMS AND CONDITIONS OF THIS ENDORSEMENT HAVING REFERENCE THERETO:

A - $5,000,000. SINGLE LIMIT EACH OCCURRENCE IN EXCESS OF
B - $ 10,000. SELF-INSURED RETENTION
C - $5,000,000. AGGREGATE LIMIT

**ITEM 3. PREMIUM BASIS:**

ESTIMATED COUPONS
$171,000,000.

RATE PER 1,000 COUPONS
.0643

ESTIMATED DEPOSIT PREMIUM
$11,000.

**ITEM 4. OPERATIONS:** ALL COUPONS MANUFACTURED BY THE INSURED FOR PROMOTIONAL GAMES.

EFFECTIVE FROM DECEMBER 31, 1963 THE COMPANY AGREES WITH THE INSURED, NAMED IN THE DECLARATIONS MADE A PART THEREOF, IN CONSIDERATION OF THE PAYMENT OF THE PREMIUM AND RELIANCE UPON THE STATEMENTS IN THE DECLARATIONS AND SUBJECT TO THE LIMITS OF LIABILITY, EXCLUSIONS, CONDITIONS AND OTHER TERMS OF THIS ENDORSEMENT AND EXCLUSIONS AND CONDITIONS OF THE ENDORSEMENT, UNLESS OTHERWISE STATED HEREIN.

**INSURING AGREEMENTS**

(1) TO INDEMNIFY THE INSURED FOR ALL SUMS WHICH THE INSURED SHALL BECOME LEGALLY OBLIGATED TO PAY ON ACCOUNT OF ANY CLAIM MADE AGAINST THE INSURED AND CAUSED BY ANY NEGLECTFUL ACT, ERROR OR OMISSION OF THE INSURED, IN CONNECTION WITH THE MANUFACTURE, INCLUDING PRINTING, SEEDING AND SHIPMENT OF COUPONS.

**ZURICH INSURANCE COMPANY**
**AMERICAN GUARANTEE AND LIABILITY INSURANCE COMPANY**

**Countersigned:** [Signature]
**United States Manager (Zurich)**
**President (American Guarantees)**

**Form:** 117 50M 5-68
**Attorney-in-Fact for use with policy series 950 and 7050**
**Secretary (American Guarantees)**

**Z 007042**