# CHUBB EXCESS LIABILITY INSURANCE - SL

## Endorsement

**Policy Period:** MAY 21, 2013 To MAY 21, 2014  
**Effective Date:** May 21, 2013  
**Policy Number:** 7966-56-84  
**Insured:** INTERNATIONAL BUSINESS MACHINES CORPORATION  
**Name of Company:** FEDERAL INSURANCE COMPANY  
**Date Issued:** May 22, 2013  

## Endorsement Information Distribution Laws Exclusion

**THIS POLICY IS SUBJECT TO THE FOLLOWING ENDORSEMENT.**

The following exclusion is added to this policy:

**Information Distribution Laws**

With respect to all coverages under this contract, this insurance does not apply to any damages, loss, cost or expense arising out of any actual or alleged violation of:

1. the United States of America CAN-SPAM Act of 2003 or any law amendatory thereof;
2. the United States of America Telephone Consumer Protection Act (TCPA) of 1991 or any law amendatory thereof; or
3. any other ordinance, regulation or statute relating to communicating, distribution, publication, sending or transmitting of content, information or material.

All other terms and conditions remain unchanged.

**Authorized Representative**

May 22, 2013

**Information Distribution Laws Exclusion**
Form 07-02-2174 (Ed. 11/04) Endorsement
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