# Excess Umbrella Liability

**Endorsement No. 1**

**Effective:** May 21, 1970

It is agreed that for the reduced premium for which this policy is written such insurance as is afforded shall not apply to any claim or claims for breach of any professional duty by reason of any negligent act, error or omission, whenever or wherever the same was or may have been committed in their professional capacity.

**Attached to and forming part of Policy No. M 72607**

**Issued To:** International Business Machines Corporation

**Dated At:** Los Angeles, California

**Date:** July 30, 1970

**Sayre & Toso, Inc.**

**By:** [Signature]