# ENDORSEMENT NO. 25

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®**

**Nuclear Liability Exclusion Endorsement**

**Section V. EXCLUSIONS. P. Nuclear Liability is amended to include the following additional provision:**

This insurance does not apply to Bodily Injury, Property Damage or Personal Injury and Advertising Injury arising out of:

1. The shut down or any loss of use or any nuclear fueled, energy generating facility,
2. The failure of any nuclear fueled, energy generating facility to supply energy, or
3. The explosion of, or other damage to any nuclear fueled, energy generating facility, resulting from the use within any nuclear fueled energy generating facility of any product manufactured by you.

**NOTICE:** THESE POLICY FORMS AND THE APPLICABLE RATES ARE EXEMPT FROM THE FILING REQUIREMENTS OF THE NEW YORK STATE INSURANCE All other terms, conditions, and exclusions of the policy remain unchanged. MUST MEET THE MINIMUM STANDARDS OF THE NEW YORK INSURANCE LAW AND REGULATIONS. 2 - 13000

**Authorized Representative or countersignature (where required by law)**