# ENDORSEMENT

This endorsement, effective 12:01 A.M. May 21, 1978  
policy No. 122 96 79 issued to International Business Machine Corp., by National Union Fire Insurance Company

In consideration of the premium charged, it is understood that such coverage as is afforded by this policy shall not apply to INJURY or PROPERTY DAMAGE arising out of the PRODUCTS OR COMPLETED HAZARD.

**Form 1803**

**Authorized Representative**