# Joint Venture Limitation Endorsement - InfoPrint Solutions Company LLC and Its Subsidiaries

## Named Insured
- **International Business Machines Corporation**
- **Endorsement Number:** 22

## Policy Details
- **Policy Symbol:** XOO
- **Policy Number:** G24907338
- **Policy Period:** 05/21/2010 to 05/21/2011
- **Effective Date of Endorsement:** 05/21/2010
- **Issued By (Name of Insurance Company):** ACE Property and Casualty Insurance Company

## Endorsement Summary
**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY**

This endorsement modifies insurance provided under the following:

**COMMERCIAL UMBRELLA LIABILITY POLICY**

This endorsement applies solely to the Named Insured's ownership interest in InfoPrint Solutions Company, LLC and its subsidiaries.

**Paragraph B. of SECTION II WHO IS AN INSURED is amended to add the following:**

7. Any joint venture, co-venture, joint lease, joint operating agreement, limited liability company or partnership (hereinafter Joint Venture) which is listed in the Schedule of Designated Joint Ventures provided in this endorsement, but only to the extent of the Named Insured's liability arising from the Named Insured's ownership interest.

However, insurance provided by this endorsement does not apply to "bodily injury," "property damage" or "personal and advertising injury" arising out of an "occurrence" that first takes place before the Named Insured acquired, joined or formed the Joint Venture.

The insurance afforded under this endorsement shall not be subject to any requirement of SECTION II WHO IS AN INSURED that a partnership, joint venture or limited liability company be shown as a Named Insured in the Declarations.

## Schedule of Designated Joint Ventures
Any entity owned or controlled by InfoPrint Solutions Company, LLC, including but not limited to the following:

- InfoPrint Solucoes Tecnologicas do Brasil Ltda
- InfoPrint Solutions Canada Inc.
- InfoPrint Solutions (China) Company Ltd.
- InfoPrint Solutions Company (Australia) Pty Ltd
- InfoPrint Solutions Company Pte. Limited
- InfoPrint Solutions Japan K.K.

## Notice
NOTICE: THESE POLICY FORMS AND THE APPLICABLE RATES ARE EXEMPT FROM THE FILING REQUIREMENTS OF THE NEW YORK STATE INSURANCE DEPARTMENT. HOWEVER SUCH FORMS AND RATES MUST MEET THE MINIMUM STANDARDS OF THE NEW YORK INSURANCE LAW AND REGULATIONS.

CLASS CODE 2-13000
CC1E15
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