# ENDORSEMENT #2

**This endorsement, effective 12:01 AM:** 5/21/2014

**Forms a part of policy no.:** 43-XSF-100238-01

**Issued to:** International Business Machines Corporation

**By:** National Liability & Fire Insurance Company

## CLASSIFICATION AND PREMIUM

**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.**

This endorsement modifies insurance provided under the following:

- COMMERCIAL GENERAL LIABILITY POLICY
- COMMERCIAL UMBRELLA LIABILITY POLICY
- COMMERCIAL RETAINED LIMIT LIABILITY INSURANCE POLICY
- FOLLOW FORM EXCESS LIABILITY POLICY
- PRODUCTS/COMPLETED OPERATIONS LIABILITY POLICY

| CLASS OF BUSINESS DESCRIPTION | ESTIMATED EXPOSURE BASIS | PREMIUM BASIS (PER) | RATE | TOTAL ADVANCE PREMIUM | ANNUAL MINIMUM PREMIUM |
|---|---|---|---|---|---|
| Software Manufacturer | $997,503,168 | 1,000 of sales | FLAT | $97,000 | $97,000 |

The following definition applies to the endorsement:

"Other" means per of .

All other terms and conditions of the policy remain unchanged.

**Authorized Representative OR Countersignature (in states where applicable)**

CL-UN-013-07/2013

Page 1 of 1