End 001-2/01
Form OCC01
Page 3 of 3

**ADDITIONAL/RETURN PREMIUM: NIL**

**SCHEDULE OF LEAD UMBRELLA AND UNDERLYING EXCESS POLICIES**

| 14 | Excess Liability | Iron-Starr Excess Agency Ltd. # IS0000881 May 21, 2012 – May 21, 2013 | $25,000,000 Part of $50,000,000 | Per Occurrence and Annual Aggregate (Where Applicable) Excess of Item 7, 8, 9, 10, 11 & 12 above |
| --- | --- | --- | --- | --- |
| 15 | Excess Liability | Chartis Excess Limited # 60703940 May 21, 2012 – May 21, 2013 | $100,000,000 | Per Occurrence and Annual Aggregate (Where Applicable) Excess of Item 13 & 14 above |
| 16 | Excess Liability | Aspen Insurance Limited # ECA1KFW12A0W May 21, 2012 – May 21, 2013 | $50,000,000 | Per Occurrence and Annual Aggregate (Where Applicable) Excess of Item 15 above |

Any restrictive policy terms and/or conditions that apply to the underlying policies that are in excess of the Followed Policy but underlying to this Policy will also apply to this Policy, unless amended by 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, 2012
All other terms and conditions remain unchanged.
This endorsement is attached to and made a part of Policy No. IBM-1521/OCC01 of ACE Bermuda Insurance Ltd.

Issued to: International Business Machines Corporation
Date of Issue: May 9, 2012
By [Signature] Authorized Representatives

End No. 1