This endorsement forms a part of the Policy to which attached, effective from its date of issue unless otherwise stated herein.

**Insured:**
- A = AETNA INSURANCE COMPANY
- U = AETNA FIRE UNDERWRITERS INSURANCE COMPANY

**Policy Number:** EX 000404
**End No.:** 
**Date:** 5-21-69
**Effective on and after:** 12:00 Noon Standard Time / 12:01 A.M.

The information above is required only when this endorsement is issued subsequent to the effective date of the Policy.

**ENDORSEMENT**

**NAMED INSURED**

INTERNATIONAL BUSINESS MACHINES CORPORATION, I.B.M., WORLD TRADE CORP., THE SERVICE BUREAU CORP. AND ANY OTHER SUBSIDIARY OR AFFILIATED CORPORATION OF EACH PROVIDED SUCH OTHER SUBSIDIARY OR AFFILIATED CORPORATION WARRANTS THAT IT IS UNDER THE SAME OPERATIVE AND FINANCIAL CONTROL THROUGH THE IDENTITY OF ITS OFFICERS, DIRECTORS OR STOCKHOLDERS.

Subject otherwise to all the terms, limits and conditions of the Policy.
If attached after issuance of Policy, not valid until countersigned by an authorized agent of the Company.

DOUGLAS G. FASH, JR.

Form 8-040-202 Ed. Nov. 68
Printed in U.S.A.

By [Signature] Authorized Agent
ATTORNEY