# Policy Change Endorsement

**GU 269 (11-85)**

**Policy Change Number:** 1

**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.**

**IL 12 01 11 85**

**POLICY CHANGES**

| **POLICY NO.** | **POLICY CHANGES EFFECTIVE** | **COMPANY** |
|----------------|------------------------------|-------------|
| GFE 536 25 00  | 5-21-91                      | GULF INSURANCE COMPANY |

| **NAMED INSURED** | **AUTHORIZED REPRESENTATIVE** |
|-------------------|-------------------------------|
| INTERNATIONAL BUSINESS MACHINES CORP. | JOHNSON & HIGGINS |

| **COVERAGE PARTS AFFECTED** | **EXCESS LIABILITY** |

**CHANGES**

IT IS AGREED THAT THE FOLLOWING ENDORSEMENTS ARE INCLUDED AS PER THE ATTACHED:

- INSURING AGREEMENT AMENDMENT
- ASBESTOS EXCLUSION
- POLLUTION—ABSOLUTE EXCLUSION (WITH HOSTILE FIRE PROVISION)

IT IS FURTHER AGREED THAT THE NAMED INSURED IS AMENDED TO READ AS FOLLOWS:

INTERNATIONAL BUSINESS MACHINES CORPORATION,
I.B.M. WORLD TRADE CORPORATION,
I.B.M. WORLD TRADE EUROPE/MIDDLE EAST/AFRICA
CORPORATION AND IBM WORLD TRADE AMERICAS/FAR EAST
CORPORATION, IBM CREDIT CORPORATION, AND
ANY OTHER NEWLY FORMED CORPORATION.

**Authorized Representative Signature**

**2-24-92**

**AUTHENTIC**

Copyright, Insurance Services Office, Inc., 1983  
Copyright, ISO Commercial Risk Services, Inc., 1983