**Insured:** International Business Machines Corporation  
**Policy No.:** UFP0044276-01  
**Endorsement No.:** 6  
**Effective Date:** May 21, 2012  

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**MANUSCRIPT ENDORSEMENT – AMENDMENT OF CONDITION 3 - CANCELLATION**

Payment or tender of any unearned premium by the Company shall not be a condition precedent to the effectiveness of cancellation but such payment shall be made as soon as practicable.

All other terms and conditions of the Policy remain unchanged.

Arch Reinsurance Ltd.

By:  
**Title:** Senior Vice President  
Underwriting Manager,  
Excess Casualty

Date: July 18, 2012  
Ref: BSF 4024 Ed. 3/11

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