# Coverage Territory Endorsement

**Endorsement No:** 2[FF-04]

**This endorsement, effective:** May 21, 2008 (at 12:01 A.M. prevailing time at the address of the Named Insured as shown in item I(b) of the Declarations)

**forms a part of Policy No:** 1637401

**Issued to:** International Business Machines Corporation

**by:** AIG Excess Liability Insurance International Limited

## COVERAGE TERRITORY ENDORSEMENT

It is hereby understood and agreed that payment of loss under this Policy shall only be made in full compliance with all United States of America economic or trade sanction laws or regulations, including, but not limited to, sanctions, laws and regulations administered and enforced by the U.S. Treasury Department's Office of Foreign Assets Control ("OFAC").

All other terms and conditions of this Policy remain unchanged.

**Authorized Representative**

Date of Issuance – July 21, 2008

FF-04 554.01 (Ela 08/07)
2[FF-04]08 554.01(Coverage Territory Endorsement)