# NAMED INSURED ENDORSEMENT

IT IS UNDERSTOOD AND AGREED THAT THE NAMED INSURED, AS SHOWN ON THE POLICY DECLARATIONS, SHALL ALSO INCLUDE THE FOLLOWING:

- INTERNATIONAL BUSINESS MACHINES CORPORATION
- I.B.M. WORLD TRADE CORPORATION
- I.B.M. WORLD TRADE EUROPE/MIDDLE EAST/AFRICA CORPORATION AND
- I.B.M. WORLD TRADE AMERICAS/FAR EAST CORPORATION AND
- SCIENCE RESEARCH ASSOCIATES, INC.

IT IS ALSO AGREED THAT THE FOLLOWING JOINT VENTURES ARE INCLUDED AS NAMED INSUREDS, BUT ONLY AS RESPECTS THE INTEREST OF INTERNATIONAL BUSINESS MACHINES CORPORATION:

- MARKET STREET ASSOCIATES OF ST. LOUIS
- DISCOVISION ASSOCIATES
- SATELLITE BUSINESS SYSTEMS
- 425 MARKET STREET ASSOCIATES (SAN FRANCISCO)
- 2345 GRAND AVENUE KANSAS CITY CONDOMINIUM

EFFECTIVE DATE OF THIS ENDORSEMENT IS MAY 21, 1980 AT New York, New York

OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.

ENDORSEMENT IS ATTACHED TO AND MADE A PART OF POLICY # MLP 10 13 62

DED TO: INTERNATIONAL BUSINESS MACHINES CORPORATION, ETAL

INSURER/AGENT: JOHNSON & HIGGINS
ADDRESS: 95 WALL STREET
NEW YORK, NEW YORK 10005

DATE OF ISSUE: 4/29/80 BY CP END. NO. 2

**[Signature]**