# Endorsement Details

**Endorsement No:** 5

**This endorsement, effective:** May 21, 2009 (at 12:01 A M prevailing time at the address of the Named Insured as shown in item I (b) of the Declarations)

**forms a part of Policy No:** EXC10000024500

**Issued to:** International Business Machines Corporation

**by:** Endurance Specialty Insurance Ltd.

## Amendment of ESIL BSF-01 Form Endorsement, Continued

Payment or tender of any unearned premium by the Company shall not be a condition precedent to the effectiveness of cancellation but such payment shall be made as soon as practicable.

All other terms and conditions of this Policy remain unchanged.

**Authorized Representative**

**Date of Issuance:** 625 BSF-01 (Ed 08/08)