**Effective from:**

**Issued to:**

**Date of Issue:** 6-14-67

**The Named Insured is:**

*International Business Machines Corporation, X.B.I., World Trade Corp., and any other subsidiary or affiliate corporation of each, provided such other subsidiary or affiliate corporation warrants that it is under the same operative and financial control through the identity of its officers, directors or stockholders.*

**This endorsement is executed on the reverse side hereof.**