# Endorsement No. 7

**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 of the Declarations)

**forms a part of Policy No.:** P000466 006

**Issued To:** International Business Machines Corporation

**By:** Endurance Specialty Insurance Ltd.

## SCHEDULE OF UNDERLYING EXCESS POLICIES AND/OR QUOTA SHARE POLICIES, continued

| Type of Coverage | Insurer | Policy Number | Policy Period | Limits of Liability |
|------------------|---------|---------------|---------------|---------------------|
| 5c. Quota Share Excess | Fireman's Fund Insurance Company | SHX 00081055105 | 05/21/2008 to 05/21/2009 | US$ 25,000,000 Each Occurrence |
| 5d. Quota Share Excess | Great American Insurance Co. of NY | EXC 2194831 | 05/21/2008 to 05/21/2009 | US$ 25,000,000 Each Occurrence |
| Part of US$ 200,000,000 | General Aggregate where applicable |

All other terms and conditions of this Policy remain unchanged.

**Authorized Representative**

**Date of Issuance:** December 8, 2008

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