# Non-Premium Endorsement

**Date Prepared:** 05/21/92 sb  
**Endorsement No.:** 4

**Issued by:**
- The Home Insurance Company (X)  
- City Insurance Company (□)  
- The Home Indemnity Company (□)  
- The Home Insurance Company of Indiana (□)

**Policy Number:** HXL-F 86 48 40  
**Certificate Number:**  
**Named Insured:** International Business Machine Corp.

**Producer:** Johnson & Higgins of New York Inc.  
**Producer No.:** OPC 50138-081

**Policy Period:**  
- **Inception (Month-Day-Year):** 05-21-92  
- **Expiration (Month-Day-Year):** 05-21-93  
- **Effective Date and Time of Endorsement:** 05-21-92

It is agreed that this policy is hereby amended as indicated. All other terms and conditions of this policy remain unchanged.

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## ABSOLUTE ASBESTOS EXCLUSION

This policy shall not apply to Ultimate Net Loss arising out or in connection with:

(1) asbestos or asbestos-related material(s), regardless of whether used, manufactured, sold, handled, maintained, repaired, removed, disposed of, transported, distributed, installed by, or in any way connected with the Insured; or

(2) the existence of asbestos in any goods, products, materials, storage devices, containers, wrappings, packaging, warehouses, buildings, or other structures of any kind, or any part thereof; or

(3) any goods or products which are damaged, contaminated or otherwise affected by asbestos or any asbestos-related material(s); or

(4) asbestos abatement activities, including clean-up, repair, or any other corrective measures which are occasioned by the existence of asbestos in any land, soil, water or watercourses, the atmosphere and/or building(s) whether voluntarily undertaken or required by any governmental body or other entity to eliminate asbestos.

All other terms and conditions remain unchanged.

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**Signature of Authorized Representative**

**H22300 F (ST) 11/81**

**The Home Insurance Companies**  
**INSURED COPY**