# Endorsement Issued by American Re-Insurance Company

**Endorsement Issued By:**

**AMERICAN RE-INSURANCE COMPANY**
(HEREINAFTER CALLED "THE COMPANY")
99 JOHN STREET
NEW YORK, N.Y. 10005

**To:**
Johnson & Higgins
95 Wall Street
New York, New York 10005
ATTENTION: Mr. Richard T. Michel
International Business Machine Corp.

**M-80975**
7 1 70 5 FROM 7 1 70 7 1 73 $16,500.00
7117-0002
ADDITIONAL OF RETURN PREMIUM (-) CHANGE IN FUTURE INSTALLMENTS INCREASE OR DECREASE (-)
$16,500.00

**IN CONSIDERATION of the payment of the premium shown above, it is understood and agreed that the coverage provided by the Certificate of Excess Insurance to which this Endorsement is attached and of which it forms a part is extended for a further period of three years to expire July 1, 1973.**

It is agreed that the Insurance does not apply to bodily injury or property damage arising out of the discharge, dispersal, release or escape of smoke, vapors, soot, fumes, acids, alkalis, toxic chemicals, liquids or gases, waste materials or other irritants, contaminant or pollutants into or upon land, the atmosphere or any watercourse or body of water, but the exclusion does not apply if such discharge, dispersal, release or escape is sudden and accidental.

**IN WITNESS WHEREOF:**

**R.A. Lee**
**American Re-Insurance Company**
**August 7, 1970**