# CHUBB AIRCRAFT PRODUCTS AND GROUNDING HAZARD EXCLUSION

| Named Insured | International Business Machines Corporation |
|---------------|-------------------------------------------|
| Endorsement Number | 005 |

| Policy Symbol | XEU |
|---------------|-----|
| Policy Number | G27983212 008 |
| Policy Period | 05/21/2023 to 05/21/2024 |
| Effective Date of Endorsement | 05/21/2023 |

Issued By (Name of Insurance Company) | ACE Property and Casualty Insurance Company |

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

This endorsement modifies insurance provided under the following:
- ENHANCED COMMERCIAL UMBRELLA LIABILITY POLICY

The policy is amended as follows:

1. Section V. EXCLUSIONS is amended to add the following exclusion:
   - **Aircraft Products and Grounding**
     This insurance does not apply to "bodily injury" or "property damage" included in the "aircraft products hazard" or the "grounding hazard".
     Notwithstanding the above, coverage for a product or part (including any subpart thereof) manufactured, sold, handled, distributed, inspected, maintained, serviced, repaired or rebuilt by the "insured" which has both aviation and non-aviation applications shall not be excluded by this endorsement provided such product, service, or material was not used in an aviation application.

2. Section VII. DEFINITIONS is amended to add the following definitions:
   - **"Aircraft Products Hazard"** means "bodily injury" or "property damage" arising directly or indirectly out of:
     1. The manufacture, sale, handling, distribution, inspection, maintenance, servicing, repair or rebuilding of, or reliance upon representation or warranty made with respect to:
        a. Aircraft or "ground equipment", whether manufactured by you or by others,
        b. Any article or part (including any subpart thereof) installed in or used in connection with either aircraft or "ground equipment", whether manufactured by you or by others;
     2. Preparation, distribution, or sale of plans, specifications, options, surveys, designs, recommendations or advice relating to any article or part (including any subpart thereof) installed in or used in connection with aircraft or "ground equipment" whether manufactured by you or by others;
     3. Preparation, distribution, or sale of training aids, instructions and manuals relating to the operations, inspection, maintenance, servicing, repair or re-building of aircraft or "ground equipment" whether manufactured by you or by others.
     Aircraft include missiles, spacecraft and satellites.
   - **"Ground Equipment"** means ground support and ground control equipment, whether manufactured by you or by others.

XSE-50715a (10/19)
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