**End 008-1/01**
Form OCC01
Page 2 of 2

**ADDITIONAL/RETURN PREMIUM: NIL**

**NON FOLLOWED 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, 2011
All other terms and conditions remain unchanged.
This endorsement is attached to and made a part of Policy No. IBM-1493/OCC01
of ACE Bermuda Insurance Ltd.

Issued to: International Business Machines Corporation
Date of Issue: June 6, 2011
By [Signature]
Authorized Representatives

End No. 4