# ENDORSEMENT

**ISSUED BY**

**American Re-Insurance Company**

(HEREIN CALLED THE REINSURER)

ONE LIBERTY PLAZA * 91 LIBERTY STREET
NEW YORK, NEW YORK 10006

**TO:**

JOHNSON & HIGGINS (O), OF N.Y.
95 Wall Street
New York, New York 10005

**ATTENTION:** Mr. Richard Michel

**International Business Machines Et al**

(THEREINAFTER CALLED THE INSURED)

M-1665042 5 21 77 3 FROM 5 21 77 TO 5 21 78 ; NIL

CERTIFICATE NUMBER EFFECTIVE DATE OF ENDORSEMENT

ADDITIONAL OR RETURN PREMIUM (--) CHANGE IN FUTURE INSTALLMENTS INCREASE OR DECREASE (--)

NIL AMENDED FUTURE INSTALLMENT

DATE OF NEXT INSTALLMENT

**DATA PROCESSOR'S ERRORS AND OMISSIONS EXCLUSION**

It is agreed that this policy shall not apply to any liability due to any negligent act, error or omission of the insured, or of any other person for whose acts, errors or omissions the insured is legally responsible, arising out of the performance of data processing services for others.

**AMERICAN RE-INSURANCE COMPANY**

5/27/77 /eb DATE