# Zurich International Ltd.

**ENDORSEMENT #1**

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

It is understood and agreed that Item 1 of the Declarations is amended to read:

International Business Machines Corporation, I.B.M. World Trade Corporation, IBM World Trade Europe/Middle East/Africa Corporation and IBM World Trade Americas/Far East Corporation, IBM, Credit Corporation, Rolm Corporation, and Science Research Associates, Inc., Real Com. Communications Corp, and any other subsidiary or affiliated corporation 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 and any employee associations thereof and members of employee associations.

It is also agreed that all joint ventures and/or partnerships are included as insureds, but only as respects the interest of the named insured.

All other terms and conditions remain unchanged.

Dated 11 [Date] 1987

Zurich International Limited.
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This document is an endorsement for a policy issued by Zurich International Ltd. It amends the declarations of a policy issued to International Business Machine Corporation (IBM) and includes additional subsidiaries and affiliated corporations under the same control.