# Pine Top Insurance Company Endorsement

**Pine Top Insurance Company**

**Chicago, Illinois**
A Subsidiary of the Gulf and Western Corporation
Administrative Office
Greyhound Tower - Suite 200
Phoenix, Arizona 85077
Baccala & Shoup Insurance Services

**Endorsement**

**Named Insured:** INTERNATIONAL BUSINESS MACHINES CORPORATION, ETAL
**Policy No.:** MLP 10 13 42
**Endorsement No.:** 1

**Service of Suit Clause**

It is agreed that in the event of the failure of the Company hereon to pay any amount claimed to be due hereunder, the Company hereon, at the request of the Insured, will submit to the jurisdiction of any court of competent jurisdiction within the United States of America and will comply with all requirements necessary to give such Court jurisdiction and all matters arising hereunder shall be determined in accordance with the law and practice of such Court.

It is further agreed that service of process in such suit may be made upon Cecil Nusbaum, Greyhound Towers Phoenix, Arizona 85077, that in any suit instituted against the Company upon this contract, the Company will abide by the final decision of such Court or of any Appellate Court in the event of an appeal.

The above named is authorized and directed to accept service of process on behalf of the Company in any such suit and/or upon the request of the Insured to give a written undertaking to the Insured that he will enter a general appearance upon the Company's behalf in the event such a suit shall be instituted.

Further, pursuant to any statute of any state, territory or district of the United States of America which makes provision therefor, the Company hereon hereby designates the Superintendent, Commissioner or Director of Insurance or other officer specified for that purpose in the statute or his successor or successors in office as its true and lawful attorney upon whom may be served any lawful process in any action, suit or proceeding instituted by or on behalf of the Insured or any beneficiary hereunder arising out of this contract of insurance, and hereby designates the above named as the person to whom the said officer is authorized to mail such process or a true copy thereof.

**This endorsement to take effect on the 21ST day of MAY 1980. All other terms and conditions remain unchanged.**

**Countersigned: NEW YORK, NEW YORK**

**Authorized Representative**