# ENDORSEMENT No. 16

**This endorsement, effective 12:01 AM:** May 21, 2008

**Forms a part of policy no:** 5443148

**Issued to:** INTERNATIONAL BUSINESS MACHINES CORPORATION

**By:** NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA.

**Commercial Umbrella Liability Policy with CrisisResponse®**

**Amendment of Various Personal Injury and Advertising Injury Exclusion Endorsement (Amendment of Exclusion U.)**

This policy is amended as follows:

**Section V. EXCLUSIONS, U. Various Personal Injury and Advertising Injury, Paragraph 2. is deleted in its entirety and replaced by the following:**

2. arising out of oral, written or electronic publication, in any manner, of material if done by or at the direction of the Insured with knowledge of its falsity;

All other terms, definitions, conditions, and exclusions of this policy remain unchanged.

**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.
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This document outlines an amendment to a commercial umbrella liability policy, specifically addressing changes to the exclusion for various personal injury and advertising injury claims. The amendment clarifies that certain types of publications, including those made by or at the direction of the insured party with knowledge of their falsity, are now excluded from coverage under the policy.