This endorsement, effective 5/21/73, forms part of Policy No. CY-9154-003.

Issued to International Business Machines Corp., Etal by the insurance company indicated below by an "X".

- COMMERCIAL UNION INSURANCE COMPANY
- AMERICAN EMPLOYEES INSURANCE COMPANY
- THE KENDRICKS FIRE INSURANCE COMPANY
- THE NON-PROFIT ASSURANCE COMPANY OF AMERICA

It is agreed that Item 1, Insured, shall read as follows:

International Business Machines Corporation, I.B.M. World Trade Corp., and any other subsidiary or affiliated corporation of each 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.

End. #1

wr 7/23/73
G8010-4 (C) Part 1