# ENDORSEMENT No. 18

This endorsement, effective 12:01 AM: May 21, 2008

Forms a part of policy no: 5443148

Issued to: INTERNATIONAL BUSINESS MACHINES CORPORATION

By: NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA.

Commercial Umbrella Liability Policy with CrisisResponse®

Non-Pyramiding of Limits Endorsement

This policy is amended as follows:

The DECLARATIONS, ITEM 3. LIMITS OF INSURANCE is amended to include the following:

If damages covered by this policy are also covered in whole or part by Policy Number , our total Limits of Insurance under both policies combined shall be:

- $50,000,000 Each Occurrence
- $50,000,000 General Aggregate (in accordance with Section IV. Limits Insurance.)
- $50,000,000 Products-Completed Operations Aggregate (in accordance with Section IV. Limits of Insurance.)

All other terms, definitions, conditions, and exclusions of this policy remain unchanged.

**NOTICE:** THESE POLICY FORMS AND THE APPLICABLE RATES ARE EXEMPT FROM THE FILING REQUIREMENTS OF THE NEW YORK STATE INSURANCE DEPARTMENT. HOWEVER, SUCH FORMS AND RATES MUST MEET THE MINIMUM STANDARDS OF THE NEW YORK INSURANCE LAW AND REGULATIONS.
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This document outlines an endorsement to a commercial umbrella liability policy, detailing changes to the limits of insurance coverage. The endorsement specifies that if damages covered by the policy are also covered by another policy, the total limits of insurance under both policies will be $50 million for each occurrence, $50 million for the general aggregate, and $50 million for products-completed operations aggregate.