# ENDORSEMENT

This endorsement, effective 12:01AM: 05/21/2019
Forms a part of Policy No.: 47-XSF-100238-06
Issued to: International Business Machines Corp.
By: Berkshire Hathaway Specialty Insurance Company

## ECONOMIC OR TRADE SANCTIONS EXCLUSION

THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

This endorsement modifies insurance provided under the following:

**FOLLOW FORM EXCESS LIABILITY POLICY**

The following is added to the policy and supersedes anything to the contrary:
No coverage is provided under this Policy if that coverage is subject to any trade or economic sanctions or embargo or where coverage in a country or jurisdiction is otherwise prohibited by law.

All other terms and conditions of this policy remain unchanged.

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Includes copyrighted material of Insurance Services Office, Inc., with its permission.