# Document Content

**THIS ENDORSEMENT EFFECTIVE MAY 21, 1991**

**FORMS PART OF POLICY NUMBER 531-204473-7**

**ISSUED TO INTERNATIONAL BUSINESS MACHINES CORP. (AS PER UNDERLYING INSURANCE)**

**BY INTERNATIONAL INSURANCE COMPANY**

**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.**

**STATE OF NEW YORK**

**AMENDATORY ENDORSEMENT**

**EXCESS INSURANCE POLICY**

**I. THE POLICY INSURING AGREEMENT IS DELETED AND REPLACED BY THE FOLLOWING:**

**INSURING AGREEMENT**

**TO PAY ON BEHALF OF THE INSURED FOR THAT AMOUNT OF LOSS WHICH EXCEEDS THE AMOUNT OF LIABILITY COVERED BY THE POLICIES DESCRIBED IN THE DECLARATIONS OF THIS POLICY. THE LIMITS HEREUNDER SHALL NOT EXCEED THE LIMITS STATED IN THE DECLARATION.**

**II. CONDITION C., LIMITATION OF ACTION, IS REPLACED BY THE FOLLOWING:**

**IN CASE JUDGMENT AGAINST THE INSURED OR HIS PERSONAL REPRESENTATIVE IN AN ACTION TO RECOVER DAMAGE OR INJURY SUSTAINED OR LOSS OR DAMAGES CAUSED THEREBY DURING THE EXPIRATION OF THE POLICY OR CONTRACTS SHALL REMAIN UNEXECUTED WITHIN A PERIOD OF THIRTY DAYS FROM THE SERVICE OF NOTICE OF JUDGMENT UPON THE ATTORNEY FOR THE INSURED, OR IF SUCH NOTICE IS NOT SERVED UPON THE INSURED, THEN AN ACTION MAY, EXCEPT AS PROVIDED IN THE STATUTE OF EXECUTION AGAINST THE INSURED ON SUCH JUDGMENT, BE BROUGHT AGAINST THE INSURER UNDER THE TERMS OF THIS POLICY FOR THE AMOUNT OF SUCH JUDGMENT NOT EXCEEDING THE APPLICABLE LIMIT OF COVERAGE UNDER SUCH POLICY OR CONTRACT.**

**III. CONDITION F., EXPENSES, IS DELETED AND REPLACED WITH THE FOLLOWING:**

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**ENDORSEMENT NO. 5**

**658**

**(110-88)**