# ENDORSEMENT #5

This endorsement, effective May 21, 2014 (at 12:01 a.m. Prevailing Time at the address shown in Item 1 of the Declarations)

forms a part of Policy No. 60703940 issued to International Business Machines Corporation by American International Reinsurance Company, Ltd.

## PERSONAL AND ADVERTISING INJURY ENDORSEMENT LIMITATION – (CYBER)

It is hereby understood and agreed this policy is amended to include the following exclusion:

This insurance does not apply to any Personal and Advertising Injury arising out of any material that allegedly or actually violates a person's right of privacy when the material was obtained through the unauthorized access to electronically stored data, whether stored by the Insured or on its behalf.

Personal and Advertising Injury shall, for the purposes of this Endorsement, have the same definition as in the Followed Policy

All other terms, conditions and exclusions remain unchanged.

**AUTHORIZED REPRESENTATIVE**

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**AMERICAN INTERNATIONAL REINSURANCE COMPANY, LTD.**
27 Richmond Road
Pembroke, HM08
Bermuda
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This text is a legal document detailing an endorsement to a policy, specifically regarding personal and advertising injury limitations due to cyber-related issues. It specifies the effective date, the policy number, the insured party, and the insurer. The endorsement includes an exclusion clause related to unauthorized access to electronically stored data and privacy violations.