End 033-3/01
Form OCC01
Page 3 of 3

**ADDITIONAL/RETURN PREMIUM: NIL**

**ARBITRATION ENDORSEMENT**

Nothing herein contained shall be held to vary, alter, waive, or extend any of the terms, conditions, exclusions or limitations of the Policy referenced below, except as expressly stated herein.

The effective date of this endorsement is May 21, 2012.
All other terms and conditions remain unchanged.
This endorsement is attached to and made a part of Policy No. IBM-1521/OCC01 of ACE Bermuda Insurance Ltd.

Issued to: International Business Machines Corporation
Date of Issue: May 9, 2012
By [Signature] Authorized Representatives

End No. 6