# Contract Endorsement

**1526**
**AON**

**CONTRACT ENDORSEMENT**

- **UNIQUE MARKET REFERENCE:** B1526CSUSA2204917
- **POLICY NUMBER:** CSUSA2204917
- **ENDORSEMENT NUMBER:** 1
- **INSURED:** International Business Machines Corporation
- **PERIOD:** 21st May 2022 to 21st May 2023

## CONTRACT CHANGES

This contract is amended as follows:

**ENDORSEMENT EFFECTIVE DATE:** 21st May 2022

1. The Company has received and satisfactorily reviewed the **Followed Policy** as shown in Item 3 of the Declarations, and Contract issuance prior to issuance/receipt of the Controlling Underlying Insurance Endorsement is deleted in its entirety.
2. The **SPECIFIC COVERSAGES ENDORSEMENT** is deleted in its entirety and replaced as follows:

### SPECIFIC COVERSAGES ENDORSEMENT

It is agreed that the insurance afforded by this Policy shall be extended to include Occurrences arising out of the Insured's Underlying Policy covering "Specific Coverages" issued by:

- **Insurer:** Chubb Bermuda Insurance Ltd.
- **Policy Number:** PD11803-001-A

3. **SCHEDULE OF UNDERLYING POLICY(IES) IN RESPECT OF PUNITIVE DAMAGES:**
   - **IN RESPECT OF PUNITIVE DAMAGES**
     - **Layer 4**
       - **Company:** Allianz Global Corporate & Specialty SE
       - **Policy Number:** GBL005486222 (Aon UK Ref: CSUSA2203347)
       - **Limits of Liability:** USD 25,000,000
       - **Excess of**

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**Contract Endorsement**
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