# Allied World Assurance Company

**Endorsement No:** 9  
**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:** C007539/002  
**Issued to:** International Business Machines Corporation  
**by:** Allied World Assurance Company, Ltd.

## NON FOLLOWED ENDORSEMENT

In consideration of the premium charged, it is agreed that the following is added to Item 8. of the Declarations:

### Item 8. FOLLOWED POLICY:
Endorsements our Policy does not follow:

| Endorsement No. | Title |
|-----------------|-------|
| 4              | CrisisResponse Coverage Enhancement Endorsement |
| 5              | Duties in the Event of an Occurrence, Claim or Suit and Schedule A – Approved Crisis Management Firms |
| 19             | Uninsured/Underinsured Motorists Coverage Endorsement |
| 26             | Knowledge of Occurrence Endorsement |

All other terms and conditions of this Policy remain unchanged.

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**ALLIED WORLD ASSURANCE COMPANY, LTD.**

By:  
**Michael Hoffmann**  
Title: Senior Vice President  
Date: August 15, 2008

Ref: ACFF-457  
(AWAC Ed. 11/01)

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