**Endorsement No:** 3
**Name of Assured:** INTERNATIONAL BUSINESS MACHINES CORP., ETAL

**SCHEDULE OF EXCESS INSURANCE**

| LIMIT | CARRIER |
|-------|---------|
| 2 MILLION | AMERICAN GUARANTEE & LOAN INS. CO. |
| 8 MILLION | AMERICAN HOME |
| 10 MILLION EXCESS OF 10 MILLION | HOME INSURANCE 5 MILLION |
| AMERICAN RE-INSURANCE 3 MILLION |
| CONTINENTAL CASUALTY 2 MILLION |
| ZURICH INS. CO. 5 MILLION |
| CENTENNIAL INS. CO. 5 MILLION |
| 20 MILLION EXCESS OF 20 MILLION | GRANITE STATE 5 MILLION |
| FEDERAL INS. 5 MILLION |
| AETNA C & S 10 MILLION |
| HOME INS. CO. 10 MILLION |
| FIREMEN'S FUND 10 MILLION |
| PRUDENTIAL RE 5 MILLION |
| HARTFORD A & I 5 MILLION |
| EMPLOYER'S MUTUAL 5 MILLION |
| 40 MILLION EXCESS OF 40 MILLION | GRANITE STATE 5 MILLION |
| NORTH RIVER 5 MILLION |
| ZURICH INS. CO. 3 MILLION |
| HIGHLANDS 5 MILLION |
| NORTH RIVER (LONDON) 27 MILLION |
| 50 MILLION EXCESS OF 80 MILLION |

Nothing herein contained shall be held to vary, alter, waive or change any of the terms, limits or conditions of the Policy, except as hereinabove set forth.

This endorsement is effective MAY 21, 1976.

Attached to and forming part of Policy No:CLE-80-93026 of the
GRANITE STATE INSURANCE COMPANY

JP/LL
G81 E