# Zurich International Ltd.

## ENDORSEMENT #3

Attaching to and forming part of policy number 73,389-86-C issued to International Business Machines Corporation.

### Absolute Asbestos Exclusion

This insurance does not apply to any liability for property damage, personal injury, sickness, disease, occupational disease, disability, shock, death, mental anguish, and mental injury at any time arising out of the manufacture of, mining of, use of, asbestos fibers or asbestos dust, or to any obligation of the Insured to indemnify any party because of damages arising out of such property damage, bodily injury, sickness, disease, occupational disease, disability, shock, death, mental anguish, or mental injury at any time as a result of the manufacture of, mining of, use of, sales of, installation of, distribution of, or exposure to asbestos products, asbestos fibers or asbestos dust.

It is further understood and agreed that the Company is not obligated to defend any suit or claim against the insured alleging personal injury or property damage and seeking damages, if such suit or claim arises from bodily injury or property damage resulting from or contributed to, by any and all manufacture of, mining of, use of, sales of, installation of, distribution of, or exposure to, asbestos products, asbestos fibers of asbestos dust.

All other terms and conditions remain unchanged.

**Dated:** 11 March 1987

**Zurich International Ltd.**

Z 008762