# CHUBB EXCESS LIABILITY INSURANCE

## Endorsement

**Policy Period:** MAY 21, 2016 To MAY 21, 2017  
**Effective Date:** May 21, 2016  
**Policy Number:** 7966-56-84  
**Insured:** INTERNATIONAL BUSINESS MACHINES CORPORATION  
**Name of Company:** FEDERAL INSURANCE COMPANY  
**Date Issued:** June 8, 2016  

## Endorsement Cancellation Notice Condition

**THIS POLICY IS SUBJECT TO THE FOLLOWING ENDORSEMENT.**

The following provisions are added to the condition titled "Cancellation" and supersede any contrary provision, except as specified in paragraph 2. below.

1. Subject to paragraph 2. below, with respect to the Company's right to cancel this insurance for reasons other than nonpayment of premium, the number of days of advance notice of cancellation is changed to the number of days shown below. However, in no event will the number of days of advance notice of cancellation be less than any minimum number of days nor more than any maximum number of days specified by law.
2. Unless prevented by law, the provisions of this Endorsement limit the Company's rights to cancel this insurance. In addition, if other cancellation provisions contained in (including any endorsed on to) this policy further restrict the Company's rights to cancel, such more restrictive provisions will not be superseded by this Endorsement.

**Cancellation Notice:** NINETY (90) days.

All other terms and conditions remain unchanged.

**Authorized Representative:**
**Date:** June 8, 2016

**Cancellation Notice Condition**
Form 07-02-1576 (Rev. 4/15) Endorsement
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