# SIGNATURES

| Named Insured | International Business Machines Corporation |
|---------------|-------------------------------------------|
| Policy Symbol | XOO                                        |
| Policy Number | G24895944                                  |
| Policy Period | 05/21/2009 - 05/21/2010                    |
| Issued By (Name of Insurance Company) | ACE Property And Casualty Insurance Company |
| Endorsement Number | 1                                         |
| Effective Date of Endorsement | 05/21/2009                                 |

THE ONLY SIGNATURES APPLICABLE TO THIS POLICY ARE THOSE REPRESENTING THE COMPANY NAMED ON THE FIRST PAGE OF THE DECLARATIONS.

By signing and delivering the policy to you, we state that it is a valid contract.

- INDEMNITY INSURANCE COMPANY OF NORTH AMERICA<br>436 Walnut Street, P.O. Box 1000, Philadelphia, Pennsylvania 19106
- BANKERS STANDARD FIRE AND MARINE COMPANY<br>436 Walnut Street, P.O. Box 1000, Philadelphia, Pennsylvania 19106
- BANKERS STANDARD INSURANCE COMPANY<br>436 Walnut Street, P.O. Box 1000, Philadelphia, Pennsylvania 19106
- ACE INDEMNITY INSURANCE COMPANY<br>436 Walnut Street, P.O. Box 1000, Philadelphia, Pennsylvania 19106
- ACE AMERICAN INSURANCE COMPANY<br>436 Walnut Street, P.O. Box 1000, Philadelphia, Pennsylvania 19106
- ACE PROPERTY AND CASUALTY INSURANCE COMPANY<br>436 Walnut Street, P.O. Box 1000, Philadelphia, Pennsylvania 19106
- INSURANCE COMPANY OF NORTH AMERICA<br>436 Walnut Street, P.O. Box 1000, Philadelphia, Pennsylvania 19106
- PACIFIC EMPLOYERS INSURANCE COMPANY<br>436 Walnut Street, P.O. Box 1000, Philadelphia, Pennsylvania 19106
- ACE FIRE UNDERWRITERS INSURANCE COMPANY<br>436 Walnut Street, P.O. Box 1000, Philadelphia, Pennsylvania 19106

**George D. Mulligan**, Secretary

**John J. Lupica**, President

WESTCHESTER FIRE INSURANCE COMPANY<br>1325 Avenue of the Americas, 19th Floor, New York, NY 10019

**George D. Mulligan**, Secretary

**Dennis A. Crosby, Jr., President**

**Authorized Agent**

CC-1K1le (02/06) Ptd. in U.S.A.

CLASS CODE 2-13000

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.