# TIE IN OF LIMITS

| Named Insured | International Business Machines Corporation | Endorsement Number | 016 |
|---------------|------------------------------------------|--------------------|-----|
| Policy Symbol | XEU                                      | Policy Period      | 05/21/2020 to 05/21/2021 |
| Policy Number | G27983212 005                           | Effective Date of Endorsement | 05/21/2020 |
| Issued By (Name of Insurance Company) | ACE Property and Casualty Insurance Company |

## THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

This endorsement modifies insurance provided under the following:

**ENHANCED COMMERCIAL UMBRELLA LIABILITY POLICY**

The policy is amended as follows:

### Section IV. LIMITS OF INSURANCE AND RETAINED LIMIT

is amended to add the following provision:

If this insurance and the insurance provided by the policy(ies) listed in the Schedule below apply to the same claim, "suit" or "occurrence", the maximum combined Limits of Insurance available under both this policy and the scheduled policy(ies) below for such claim, "suit" or "occurrence" will not exceed:

- $25,000,000 Each Occurrence Limit
- $25,000,000 General Aggregate Limit
- $25,000,000 Products-Completed Operations Aggregate Limit

These limits are the most that will be paid under both this policy and the policies listed in the Schedule below, combined, for all claims, damages, "losses" or "suits", regardless of any other limit of liability or limit of insurance in this policy or the scheduled policy.

Any claims, damages, "losses" or "suits" seeking coverage under any policy scheduled below may not also be brought under this policy.

Nothing in this provision shall serve to increase any applicable Limit of Insurance of this policy or the scheduled policy.

### SCHEDULE

| Country of Issuance | Insurer | Policy Number |
|---------------------|---------|---------------|
| Canada              | Chubb Insurance Company of Canada | On File With Company |

All other terms and conditions of this policy remain unchanged.