# Addendum to Policy No. WE1400175

**Named Insured:** INTERNATIONAL BUSINESS MACHINES COR and as more fully defined in the Risk Details and Declarations.

## CONTRACT CHANGES

### ADDENDUM NUMBER: 1

It is hereby understood and agreed that, with effect from inception, the following amendments are made to the Contract of Insurance:

1) The Company has received and satisfactorily reviewed the Followed Policy as shown in Item 3. of the Declarations, and Endorsement Number Two (Contract Issuance Prior to Issuance/Receipt of the Followed Policy) is deleted in its entirety.

2) Endorsement Number One – Schedule of Underlying Policy(ies) is hereby deleted and replaced with as follows:

### ENDORSEMENT NUMBER ONE

#### SCHEDULE OF UNDERLYING POLICY(IES)

| Layer 3 | Company: | Berkshire Hathaway Specialty Insurance |
| --- | --- | --- |
|  | Federal Insurance Company | The Ohio Casualty Insurance Company |
|  | Liberty Insurance Underwriters Inc |  |

| Policy Number: | 43-XSF-100238-01 |
| --- | --- |
|  | 79665684 |
|  | ECO (15) 54088246 |
|  | 1000040626-13 |

| Limits of Liability: | USD 100,000,000 |

Excess of

| Layer 2 | Company: | Endurance Specialty Insurance Ltd. |
| --- | --- | --- |
| Policy Number: | EXC10000024505 |
| Limits of Liability: | USD 25,000,000 |

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Market Endorsement of Market Submission 06

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KP 01/07/14 01/E1 WE54/01