**Insured:** International Business Machines Corporation  
**Policy No.:** BM00026949LI13A  
**Endorsement No.:** 10  
**Effective Date:** May 21, 2013  

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**CANCELLATION OF ENDORSEMENT NO. 9**

It is understood and agreed that the Following Form Policy Issuance Endorsement dated June 18, 2013 and also attached to this Policy is hereby cancelled and revoked as of the Effective Date shown above.

The terms, declarations, insuring agreements, definitions, exclusions and conditions of this Policy otherwise remain unchanged.

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**XL INSURANCE (BERMUDA) LTD**

By: **Jessica Harville**  
**Authorised Representative**

Date: July 31, 2013

Ref: XSBSF-019.01

**XL**