# Allied World Assurance Company

**Endorsement No:** 1  
**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.

## SCHEDULE OF FOLLOWED POLICY, PRIMARY POLICIES AND UNDERLYING EXCESS POLICIES

| Type of Coverage | Insurer | Policy Number | Policy Period | Limits of Liability |
|------------------|---------|---------------|---------------|---------------------|
| 1. Commercial Umbrella Liability | National Union Fire Insurance Company of Pittsburgh, PA | 5443148 | May 21, 2008 – May 21, 2009 | $50,000,000 Each Occurrence<br>$50,000,000 General Aggregate<br>$50,000,000 Products-Completed Operations Aggregate |
| 2. Excess Liability | ACE American Insurance Company | XCP G23859251 | May 21, 2008 – May 21, 2009 | $25,000,000 Occurrence Aggregate (where applicable)<br>$25,000,000 Products-Completed Operations Aggregate (excess of item 1 above) |
| 3. Excess Liability | Great American Insurance Company of NY | EXC 2194824 | May 21, 2008 – May 21, 2009 | $25,000,000 Each Occurrence<br>$25,000,000 General Aggregate<br>$25,000,000 Products-Completed Operations Aggregate (excess item 1 & 2 above) |
| 4. Quota Share Excess Liability | Liberty Insurance Underwriters Inc. (50%) | LQ1-B71-078-753-072 | Ohio Casualty Group (25%) | $100,000,000 Each Occurrence<br>$100,000,000 General Aggregate<br>$100,000,000 Products-Completed Operations Aggregate (excess item 1, 2, & 3 above) |

**Ref:** ACFF-400  
**(AWAC Ed. 11/01)**

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