This Endorsement Changes The Policy. Please Read It Carefully.

**Royal Insurance**

It is understood and agreed that Item 5 of the Declarations page, Underlying Policy and Limits, is hereby amended to include the following Policy Number of the American Home Assurance Company policy listed:

**Policy Number:** BE308-60-19

All other terms, conditions and warranties remaining unchanged.

Attached to and forming part of the Policy No. RHA005114

Issued to **INTERNATIONAL BUSINESS MACHINES (IBM)**

If this endorsement is listed in the policy declarations, it is in effect from the time coverage under this policy commences. Otherwise, the effective date of this endorsement is as shown below at the same time or hour of the day as the policy became effective.

**Effective Date:** 5/21/92
**Endorsement No.:** 8

Countersigned by:
**James A. Dixon**
**Authorized Representative**
**Date:** 3/17/93