# Cancellation Amendatory Endorsement

**Endorsement No:** 3[FF-04]

**This endorsement, effective:** May 21, 2008 (at 12:01 A.M. prevailing time at the address of the Named Insured as shown in item 1(b) of the Declarations)

**Forms a part of Policy No:** 1657401

**Issued to:** International Business Machines Corporation

**By:** AIG Excess Liability Insurance International Limited

## CANCELLATION AMENDATORY ENDORSEMENT

It is hereby understood and agreed that the first paragraph of Section VI, Condition C is deleted in its entirety and replaced by the following:

This Policy may be canceled by the first Named Insured listed in Item 1 of the Declarations of this Policy by mailing or delivering to the Insurer at the address set forth in Item 8(g) of the Declarations of this Policy advance written notice of cancellation. This Policy may be canceled by or on behalf of the Insurer by delivering to the first Named Insured or by mailing to the first Named Insured, by registered, certified, or other first class mail, at the first Named Insured's address set forth in Item 1 of the Declarations of this Policy, written notice stating when thereafter, not less than fifteen (15) days in the event any premium is not paid when due, and not less than ninety (90) days in all other cases, cancellation shall be effective. Proof of mailing of such notice as aforesaid shall be sufficient proof of notice. It is agreed that the first Named Insured shall act on behalf of all Insureds with respect to giving and receiving notice of cancellation. The Policy Period terminates at the date and hour specified in such notice, but in case of notice of cancellation by the first Named Insured, in no event prior to the date such notice is received by the Insurer.

All other terms and conditions of this Policy remain unchanged.

**Authorized Representative**

**Date of Issuance:** July 21, 2008

**FF-04 516.01 (Ed. 02/08)**

**3[FF04]08 585.01 Schedule of Underlying Policies**