# DESIGNATED OPERATIONS EXCLUSION

| Named Insured | International Business Machines Corporation |
|---------------|-------------------------------------------|
| Endorsement Number | 005 |

| Policy Symbol | XOO |
|---------------|-----|
| Policy Number | G27983212 004 |
| Policy Period | 05/21/2019 to 05/21/2020 |
| Effective Date of Endorsement | 05/21/2019 |

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:

**COMMERCIAL UMBRELLA LIABILITY POLICY**

The following exclusion is added to the policy:

This insurance does not apply to any "bodily injury", "property damage" or "personal and advertising injury" arising out of the premises, operations, products or activities relating to the operations shown in the following Schedule:

**SCHEDULE OF DESIGNATED OPERATIONS**

"Technology Services" performed by or on behalf of IBM Technology Services (TSS) with respect to diagnostic medical equipment or diagnostic medical devices manufactured or owned by a third party.

All other terms and conditions of the policy remain unchanged.

Authorized Representative

XS-41466 (07/14)
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