# DIFFERENCE IN CONDITIONS/DIFFERENCE IN LIMITS

| Named Insured | International Business Machines Corporation |
|---------------|--------------------------------------------|
| Policy Symbol | HDO                                        |
| Policy Number | G72490587                                  |
| Policy Period | 05/21/2021 to 05/21/2022                    |
| Issued By (Name of Insurance Company) | ACE American Insurance Company              |

Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy.

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

If this policy provides greater coverage, limits or conditions than any of the policies listed in the Schedule of Other Policies below (each such scheduled policy referred to as an "Other Policy") for any loss, then we will reimburse you, if we cannot pay directly, for such loss to the extent of any difference in the coverages, limits or conditions between this policy and the Other Policy, subject to the terms, limitations and conditions of this policy. Any coverage provided by this policy will be excess over any coverage provided by an Other Policy, and only to the extent of any such difference in terms, limits and conditions.

If this policy and any Other Policy provide coverage for the same loss, then the most we will pay, or reimburse, under this policy and all Other Policies combined is the highest applicable Limit of Insurance under any one policy applicable to such loss, provided, however, that if this policy has higher limits than any such Other Policy, the most we will pay, or reimburse, under this policy is the difference between the applicable Limit of Insurance of this policy and the total limits of insurance of such Other Policies; and in such event, the total amount of coverage afforded under this policy and all such Other Policies will not exceed the amount of the applicable Limit of Insurance of this policy.

Solely with respect to an Other Policy, the provisions of this endorsement supersede any Other Insurance Condition contained in the policy.

## Schedule of Other Policies:
- Policy Issuing Company: Chubb Insurance Company of Canada
- Policy Number: CGL 326131

**Authorized Representative**

ALL-18845c (06/12)
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